Solvency Reserve Accounts and Multi-Employer Pension Plans

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Regulations Amending the Pension Benefits Standards Regulations, 1985 (Solvency Reserve Accounts and Multi-Employer Pension Plans) outlines proposed amendments designed to improve the financial flexibility and sustainability of federally regulated defined benefit pension plans. These amendments focus on two key areas: the introduction of Solvency Reserve Accounts (SRAs) and adjustments to

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