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Pension Regulatory Statements

Pension Regulatory Statements

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Regulatory Statements provide details on how entities (including non-regulated entities in some cases) must comply with legislative requirements. While both Rules and Regulatory Statements legally require compliance, Regulatory Statements are used by BCFSA to provide further details/direction related to an established requirement (e.g. form and content of a submission to BCFSA, including applications and reports).

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COVID-19: Relief Measures for Pension Plans in BC (will open in a new tab)

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Frequently Asked Questions pertaining to the new defined benefit funding requirements effective December 31, 2019 (will open in a new tab)

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Updated Extension of Solvency Deficiency Payment Period (will open in a new tab)

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Disclosure of Solvency Deficiency for Plans with Target Benefit Components (will open in a new tab)

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Audited Financial Statements (will open in a new tab)

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Termination Expense Assumption (will open in a new tab)

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Transfer Options for Lump Sum Payment (will open in a new tab)

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Extension of Solvency Deficiency Payment Period (will open in a new tab)

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Clarification of Union Consent Requirement for Target Benefit Plan Conversions (will open in a new tab)

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Guideline for Converting Plans from Defined Benefit to Targeted Benefit (will open in a new tab)

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