Pension Plan Assessment Rate Schedule - Pension Benefits Standards Act, 1985

Information
Publication type
Schedule
Topics
Assessments
Plans
Defined benefit plans
Defined contribution plans
Year
2024

The pension plan assessment rate schedule below applies to plans registered or filed for registration under the Pension Benefits Standards Act, 1985 (PBSA). OSFI will determine the assessment due and send an invoice approximately 45 days after the plan’s Annual Information Return was due to be filed (or upon receipt of an application for registration).

Pension plan assessment rate schedule – PBSA
Plan year ending between Less than 50 beneficiaries
(minimum assessment)
50 to 1000 beneficiaries
(per beneficiary)
Additional beneficiaries over 1000
(per beneficiary)
Maximum assessment
October 1, 2024 to September 30, 2025 $600 $12.00 $9.00 $240,000
October 1, 2023 to September 30, 2024 $550 $11.00 $8.25 $220,000
October 1, 2022 to September 30, 2023 $550 $11.00 $8.25 $220,000
October 1, 2021 to September 30, 2022 $500 $10.00 $7.50 $200,000
October 1, 2020 to September 30, 2021 $500 $10.00 $7.50 $200,000
October 1, 2019 to September 30, 2020 $500 $10.00 $7.50 $200,000
October 1, 2018 to September 30, 2019 $450 $  9.00 $6.75 $180,000
October 1, 2017 to September 30, 2018 $400 $  8.00 $6.00 $160,000
October 1, 2016 to September 30, 2017 $400 $  8.00 $6.00 $160,000
October 1, 2015 to September 30, 2016 $450 $  9.00 $6.75 $180,000