Under the Unclaimed Property Act (Act), pension plan administrators are required to remit to Revenu Québec the value of the benefits of members and/or beneficiaries that remain unclaimed at the end of a three-year period...more
En vertu de la Loi sur les biens non réclamés (la « Loi »), les administrateurs de régimes de retraite ont l’obligation de remettre à Revenu Québec la valeur des droits des participants et/ou des bénéficiaires qui sont non...more
On December 11, 2020, Quebec’s National Assembly adopted Bill 68, with certain amendments made to its original text, thereby enacting An Act mainly to allow the establishment of target benefit pension plans (Act).
The...more
In early April 2020, Retraite Québec indicated that it was examining various scenarios to assist administrators of supplemental pension plans in the context of the COVID-19 pandemic, with the intention of implementing...more