Filing amendments through RRS

Subsection 10.1(1) of the Pension Benefits Standards Act, 1985 (PBSA) requires the plan administrator to file with the Superintendent a copy of any amendments to the plan and any amendments to documents that create or support the plan or the plan fund within 60 days after the amendment is made.

As of April 1, 2020, plan administrators will be required to file plan amendments through the Regulatory Reporting System (RRS). In order to file an amendment, administrators will complete and upload in RRS either the OSFI 593: Defined Contribution Pension Plan Text Information Form or the OSFI 594: Defined Benefit/Combination Plan Amendment Information Form and all other relevant documents (e.g. plan amendment, Board resolution, custodial agreement). The forms, as well as guidance on making and filing amendments, are available on the OSFI website in the Guidance by Topic area for defined benefit or defined contribution plans, under the topic Amendments.

However, even after April 1, 2020, amendments requiring the Superintendent’s authorization (e.g. a void amendment under subsection 10.1(2) of the PBSA or an asset transfer under section 10.2 of the PBSA) cannot be submitted via RRS. Documents in support of an application for the Superintendent’s authorization must continue to be submitted electronically to pensions@osfi-bsif.gc.ca.