B.C.’s amended PfAD to provide more flexibility to target-benefit pension plans: experts
British Columbia’s amended definition of provision for adverse deviation will provide additional flexibility to the province’s target-benefit pension plans, according to experts. The changes to the PfAD’s definition lowers the minimum funding requirement to 7.5 per cent and allows a supplementary percentage identified by the target-benefit plan administrator or board as appropriate to achieve the […]
- January 20, 2023 January 19, 2023
- 09:00