Initiatives and Projects

Initiative / Project Name

Description
This committee was established to assist CAPSA and CAPSA members to consider the implications of materials issued by the CIA, ASB and ASOC as well as other actuarial developments which potentially affect CAPSA members.
The mandate of the Defined Contributions Committee is to examine the regulation of defined contribution (DC) pension plans, as well as DC provisions in hybrid and combination plans, in order to identify areas where clearer distinctions between DC and defined benefit plans may be appropriate, and consider alternative approaches to regulating and supervising defined contribution plans based on any distinctions identified by the committee.
These guidelines reflect the expectations of regulators regarding the operation of a capital accumulation plan, regardless of the regulatory regime applicable to the plan.
The Guideline is intended to help pension plan administrators and plan members apply the provisions of applicable electronic commerce legislation to communications required under pension benefits legislation.
The Guideline summarizes the recommendations of the Task Force on Flexible Pension Plans in order to address various issues related to flexible pension plans.
Fund Holder Arrangements After reviewing various legislative requirements, and in discussions with representatives from fund holder agencies, it became apparent that there is an opportunity to clarify the types of documents that may be used as fund holder agreements and the roles and responsibilities of the key players in a pension plan with respect to fund holder arrangements.
CAPSA’s Investment Policy Committee was established as a standing committee to develop a coordinated approach to investment policy issues for those jurisdictions which have adopted the federal investment rules.
The CAPSA Locking-in Committee began in April 2002 to develop recommendations for prescribed exemptions from the locking-in principle to be included in CAPSA’s Model Pension Law. These recommendations were presented to CAPSA at its 67th semi-annual meeting.
The principles contained in the report on CAPSA's work on Regulatory Principles for a Model Pension Law seek to balance the protection of pension plan members’ rights and benefits with the need to simplify the regulatory requirements for pension plans in Canada.

The governments of Ontario and Quebec have signed the Agreement Respecting Multi-Jurisdictional Pension Plans (the Agreement). The Agreement will come into effect for these jurisdictions on July 1, 2011.

The purpose of the guidelines and self-assessment questionnaire is to assist pension plan administrators in fulfilling their governance responsibilities by achieving and maintaining good governance practices.
The Prudent Investment Practices Guideline and companion Self-Assessment Questionnaire are intended to provide guidance to plan administrators on how to demonstrate the application of prudence to the investment of pension plan assets. The Pension Plan Funding Policy Guideline is intended to provide guidance on the development and adoption of funding policies.