Contributory Pension Plan for Hourly-Rated Employees of McMaster University Including McMaster Divinity College (Registration #0215418)

Broader Public Sector Pension Plan Solvency Relief Application

In February 2011 the Government of Ontario released a Solvency Funding Relief regulation paper for Pension Plan sponsors in the Broader Public Sector.  The intent of the measures is to provide a degree of relief from the existing Solvency funding rules only if Plan Sponsors enact changes to their respective pension plans which would allow the plans to become more sustainable.  McMaster University has applied for this Solvency Funding Relief Program for the Hourly Pension Plan.  More information will be provided once the status of our application is known.

Detail of Temporary Solvency Funding Relief for Certain Pension Plans in the Broader Public Section (Pension Benefits Act Regulation 909)

Application Documents


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