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Finance committee  I can confirm it is the same limit as used in the Income Tax Act. In 2010 the Income Tax Act was amended from 110% with a 10% surplus to 125%, so it's the same limit. That is the legislation that applies to all other federally regulated pension plans.

May 6th, 2019Committee meeting

Simon Crabtree

Finance committee  I'm so sorry. There are multiple conversations here. Just to repeat, are you looking for the frequency of the special payments that are made or the level of payment?

May 6th, 2019Committee meeting

Simon Crabtree

Finance committee  We haven't limited the federal government's contributions to date. For example, Public Services and Procurement Canada currently has a 106% surplus. So we're talking about 6%. We've never seen a case in which employer contributions had to be limited. In view of what we've recentl

May 6th, 2019Committee meeting

Simon Crabtree