Funding a Pension Plan Prior to Confirmation of Registration

In accordance with section 10 of the PBSA, an administrator of a pension plan that is subject to the requirements of the PBSA must, before administering the plan, file with the Superintendent, all documents that create and support that pension plan within 60 days after the plan is established. Plan administrators are reminded that the plan must be administered in accordance with the PBSA whether or not it has received confirmation of registration from OSFI. This includes the requirement to fund the pension plan.