Has your pension plan submitted its Solvency Information Return to OSFI in Canada? This is required for all defined benefit or combination-type pension plans in Canada registered under the Pension Benefits Standards Act, 1985.
This filing provides OSFI with information on contribution holidays and annual rates of return and is used by OSFI to calculate the Estimated Solvency Ratio and to monitor contribution holidays.
The filing, OSFI 575, is due on the later of 45 days after the plan year-end or on February 15.
Please contact a Penad pension administrator if you have any questions about this filing.
