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Quebec's New Pension Reform Proposals: Effective Solutions in the Works?
Osler, Hoskin & Harcourt LLP Link to more items from this source
Jan. 8, 2014

"The most ambitious proposal in the government's action plan is certainly the attempt to establish a framework for restructuring DB plans. The restructuring process would be divided in four stages over a period of no more than two years according to the action plan.... With respect to DB plans in the municipal and university sector, the government intends to impose a 50/50 cost-sharing arrangement between employers and employees.... [T]arget benefit plans have unfortunately been left out of the government's action plan. While the private sector working group may try to bring this proposal to the table, the current government appears to have little appetite for this new type of pension plan at the moment[.]"

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