Under the Unclaimed Property Act (Act), pension plan administrators are required to remit to Revenu Québec the value of the benefits of members and/or beneficiaries that remain unclaimed at the end of a three-year period...more
On December 11, 2020, Quebec’s National Assembly adopted Bill 68, with certain amendments made to its original text, thereby enacting An Act mainly to allow the establishment of target benefit pension plans (Act).
The...more
Le projet de règlement concernant les mesures relatives aux régimes complémentaires de retraite destinées à atténuer les conséquences de l’état d’urgence sanitaire déclaré le 13 mars 2020 en raison de la pandémie de COVID-19...more
L’Entente de 2020 sur les régimes de retraite relevant de plus d’une autorité gouvernementale (l’« Entente de 2020 ») intervenue entre les gouvernements indiqués ci-après est entrée en vigueur le 1er juillet 2020. Elle régit...more
In early April 2020, Retraite Québec indicated that it was examining various scenarios to assist administrators of supplemental pension plans in the context of the COVID-19 pandemic, with the intention of implementing...more
On November 2, 2017, Quebec’s Minister of Finance, Carlos Leitão, tabled Bill 149, An Act to enhance the Québec Pension Plan and to amend various retirement-related legislative provisions (Bill), which aims to strengthen the...more