Quebec provides fuel for pension de-risking

Quebec provides fuel for pension de-risking

September 2015

Quebec has released Bill 57, with changes that will impact private sector defined benefit pension plans starting on January 1, 2016.

Authors: Heather Wolfe and Yves Allard
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Quebec has released Bill 57, with changes that will impact private sector defined benefit pension plans starting on January 1, 2016. Two key provisions – allowing full liability settlement for plans that purchase annuity buy-outs and a new stabilization provision – could provide opportunities for Quebec plans considering annuities or liability driven investment solutions.

In our issue of DB Solutions Industry Watch, “Quebec provides fuel for pension de-risking” we take a closer look at what the implications may be for DB plan sponsors and steps they can take to prepare for the new legislation.