This web page provides access to information that was presented at the Financial Services Commission of Ontario’s (FSCO’s) Webinar on the Plan Administrator’s Obligations on Termination of Employment, which took place in December 2012.
If you are a plan administrator, you are responsible for ensuring that you are aware of the requirements of the Pension Benefits Act (PBA) and the amendments that came into effect on July 1, 2012. These changes affect plan members’ benefit entitlements when their employment is terminated, and require additional disclosure items in plan members’ annual and termination statements. In addition, you need to ensure that plan members are provided the required information and the benefits they are entitled to receive.
To ensure you have a clear understanding of your obligations regarding plan members’ benefit entitlements when their employment is terminated, we recommend that you review the following resources:
French Webinar Resources
If you have a question or comment about any of these webinar materials, you may contact FSCO’s Pension Division by e-mail at firstname.lastname@example.org.
FSCO would like to thank all webinar attendees for their suggestions and feedback. The information is being used to develop future webinars. Stay tuned for more information.