The new online fillable PBGF is available on the Pension Services Portal (PSP). Filing the PBGF electronically allows Pension Plan Administrators to:
- complete the PBGF online for one or more pension plans through the PSP;
- transfer data to the Financial Services Commission of Ontario (FSCO) through a secure electronic channel;
- view the status of their PBGF submission online; and
- access filed information at any time.
For more information on electronic filing and the PSP, go to:
Getting Technical Assistance or More Information
All Pension Plan Administrators will continue to receive the approved PBGF in paper format. Defined benefit pension plans will receive the PBGF six months prior to the assessment date.
Pension Plan Administrators who choose to file the PBGF in paper format should continue to follow the same submission process; there are no changes to this process.
The PSP provides Pension Plan Administrators the option of delegating third parties/agents to file a PBGF on their behalf. If the Pension Plan Administrator wishes to delegate access rights to the PSP to a third party, they must activate their PSP account and then select the following links: “Home”, “Plan Profile” and go to the “Actions” window.
Although the Pension Plan Administrator may delegate some of their functions to third parties/agents, the Pension Plan Administrator is ultimately responsible for ensuring these functions are being performed correctly and in a timely manner. The Pension Plan Administrator is also responsible for making sure that all of the third parties’/agents’ actions meet the appropriate standard of care and comply with the requirements of the Pension Benefits Act and Regulations, and applicable FSCO Pension Policies.
Activation of Pension Services Portal Account