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Employment Benefits – AcSOC

Date recorded:

At the AcSOC meeting on June 6-7, 2019, the PSAB Chair noted that Canada is at the forefront of non-traditional pension plans. These are plans that involve employers sharing different degrees of risk related to pension benefits with other parties, including employees and other employers. The Board has received 46 comment letters to date on its third ITC relating to non-traditional plans. These letters voiced strong and diverse views from different stakeholder groups and reflected the complexity of some pension arrangements and the continuous evolution of public sector pension plans. The Employment Benefits Advisory Group met in late March 2019 and has scheduled three-day meetings in June, September, and November 2019. It will deliberate responses and develop a consultation paper. PSAB will receive an update on the Task Force’s discussions and approach at its June 2019 meeting.

Review the meeting summary on the AcSOC's Web site.

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