Legislative Roundup

Changes in payroll laws and regulations from across Canada
|Canadian Payroll Reporter|Last Updated: 09/03/2014


New pension law in force

The province enacted a new Employment Pension Plans Act on Sept. 1. The provincial legislature passed the act in December 2012, but delayed proclaiming it until regulations could be drafted.In a news release announcing the act’s implementation, Provincial Finance Minister Doug Horner said the new legislation allows for "innovation in plan design, more flexible funding rules and reduced administrative complexity."