Filing Process for Defined Benefit Pension Plan Returns

All defined benefit pension plan returns that are submitted annually or triennially* must be filed using the Regulatory Reporting System (RRS). Returns are not considered received at OSFI until the filing process is complete and the returns have been accepted in RRS.

The Manage Corporate Returns User Guide (PDF) provides information for creating and submitting returns in RRS to update a plan's Organizational Profile on page 44.

The Manage Financial Returns User Guide (PDF) provides instructions for filing

• via electronic file upload on page 15;
• using the on-line web form on page 24; and
• via document upload on page 55.

* A plan administrator will be permitted to file an actuarial report and related AIS and RPIS, if required,
every three years if

• the pension plan meets the definition of a Designated Plan (see section 8515 of the Income Tax Regulations); or
• the solvency ratio (see subsection 2(1) of the Pension Benefits Standards Regulations, 1985) disclosed in the previous actuarial report filed with OSFI was 1.20 or greater.

If a plan is not registered to file returns using RRS, it should do so immediately. Pension plan administrators must contact the Bank of Canada, as host of the RRS system, to register for access to the Bank of Canada secure site and the RRS system. For assistance in registering, please contact RRS Support at the Bank of Canada by phone at 1-855-865-8636, or by email at rrs-sdr@bank-banque-canada.ca.

For further information, please visit the OSFI website or contact us at: