Terminating a pension plan

Terminating a pension plan

According to The Pension Benefits Act, 1992 (the Act), a pension plan administrator of a pension plan (plan) registered under the Act must file a termination report with the Superintendent of Pensions within 60 days after the termination of a plan.  

For an explanation of what constitutes a total or partial plan termination, as well as details on the termination process, read the Pension Plan Termination Guide.

The termination report and supporting information is required to be filed electronically via the FCAA Registration and Licensing System (RLS). In the pension plan RLS section, you will find instruction guides and data lists to assist you in filing the termination information.