Multilateral Agreement Committee - Multi-jurisdictional Pension Plans
The mandate of the Multilateral Agreement Standing Committee (MLA) is to support the adoption and continued implementation of the Agreement Respecting Multi-jurisdictional Pension Plans (the Agreement). In advancing its mandate, the MLA Committee will:
• Facilitate the signing of the Agreement by all jurisdictions and its implementation;
• Monitor legislative changes that are introduced across Canada, consider their implications, and recommend changes to the Agreement as appropriate;
• Develop and oversee implementation of Administrative Procedures under the Agreement;
• Conduct a review of the finalized Administrative Procedures every two years;
• Conduct a five-year review of the Agreement to determine and recommend any necessary changes; and,
• Conduct reviews and provide advice on disputes as outlined in the Disputes between pension supervisory authorities Administrative Procedure, as required.
The new 2016 Agreement Respecting Multi-jurisdictional Pension Plans (2016 Agreement) came into effect on July 1, 2016, between British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan.
Representatives of the governments of British Columbia, Nova Scotia, Ontario, Quebec and Saskatchewan signed a new 2016 Agreement Respecting Multi-Jurisdictional Pension Plans (2016 Agreement), which came into effect for these jurisdictions on July 1, 2016.
CAPSA is currently developing the future agreement respecting multi-jurisdictional pension plans (Future Agreement), which is intended to replace the 2016 Agreement and be signed by all governments in Canada that have pension legislation.
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