January 29, 2025
Although Ontario’s pension plans have experienced a modest drop in funding levels, they remain strong, according to the Financial Services Regulatory Authority of Ontario’s (FSRA) Q3 2024 Solvency Report for Defined Benefit Pension Plans.
The report is released quarterly by FSRA to provide information about the state of Ontario’s defined benefit pension plans.
The Q3 recent report indicates that the overall funded position of Ontario defined benefit pension plans sits at 121%, decreasing two percentage points from the prior quarter. This is the first decrease in seven consecutive quarters.
Click on more information below to read the report: