An Act to amend the Pension Benefits Standards Act, 1985

This bill was last introduced in the 42nd Parliament, 1st Session, which ended in September 2019.

Sponsor

Bill Morneau  Liberal

Status

Second reading (House), as of Oct. 19, 2016
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment amends the Pension Benefits Standards Act, 1985 to provide a framework for the establishment, administration and supervision of target benefit plans. It also amends the Act to permit pension plan administrators to purchase immediate or deferred life annuities for former members or survivors so as to satisfy an obligation to provide pension benefits if the obligation arises from a defined benefit provision.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Pension Benefits Standards Act, 1985Routine Proceedings

October 19th, 2016 / 3:15 p.m.
See context

Toronto Centre Ontario

Liberal

Bill Morneau LiberalMinister of Finance

moved for leave to introduce Bill C-27, An Act to amend the Pension Benefits Standards Act, 1985.

(Motions deemed adopted, bill read the first time and printed)