Summary
"I think it's a good first step, I don't think it fixes defined benefit plans," said Paul Forestell, leader of the Canadian retirement professional group of Mercer Human Resource Consulting in Toronto.
"The provisions would be better if they were permanent," but should still help many companies, especially those in good financial shape that don't want to pour too much operating cash into paying solvency deficits, he added.See the full content of this document
Extract
New Rules for Pension Plans Released
By Sandra Cordon
OTTAWA -- New federal rules, promising some relief to companies pouring millions...See the full content of this document
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