Solvency Information Return

Has your pension plan submitted its Solvency Information Return to OSFI in Canada? This is required for all defined benefit or combination-type pension plans in Canada registered under the Pension Benefits Standards Act, 1985. This filing provides OSFI with...

2015 YMPE Announced

The Canada Revenue Agency (CRA) recently announced the 2015 limit for yearly maximum pensionable earnings (YMPE). For 2015 the YMPE has been set at $53,600 up from $52,500 in 2014. RRSP Maximum limits were also increased for 2015 to $24,930 compared to the 2014 limit...

2014 YMPE Announced

The Canada Revenue Agency (CRA) recently announced the 2014 limit for yearly maximum pensionable earnings (YMPE). For 2014 the YMPE has been set at $52,500 up from $51,100 in 2013. RRSP Maximum limits were also increased for 2014 to $24,270 compared to the 2013 limit...