Defined Benefit

Bill 68 in Quebec: More Than a Framework for Target Benefit Plans

On October 7, Quebec’s Minister of Finance introduced Bill 68, An Act mainly to allow the establishment of target benefit pension plans (Bill 68).

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Target Benefit Plans: A New Type of Plan Now Available to All Quebec Businesses

Bill 68 seeks to amend provisions of the Supplemental Pension Plans Act to allow Quebec businesses to set up target benefit pension plans and thus enhances the toolbox of sustainable pension plans.

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