News & Updates
British Columbia Announces Overhaul of the Provision for Adverse Deviation (PfAD) for Target Benefit Plans
December 06, 2022
British Columbia’s Pension Benefits Standards Regulation (B.C. Reg. 71/2015) is changing in a major way.
The changes, which take effect on December 31, 2022, are focused on the Provision of Adverse Deviation (PfAD), which applies to target benefit plans, and will ultimately lower the minimum funding requirement while making it more predictable.
To see the full list of amendments, click on more information.
