CANCELLED - CPBI Atlantic's 2020 Superintendent of Pensions Report- New Rules in Nova Scotia

April 7, 2020 11:45 AM to 2:00 PMCasino Nova Scotia, Halifax, Nova Scotia
Area of Interest: Pensions, Benefits, Investments, Networking Format: In Person

NOTICE OF CANCELLATION

In light of the recent developments of the COVID-19 situation and its impact on business gatherings, CPBI Atlantic is forced to cancel the April 7th session “2020 Superintendent of Pensions Report”.  We hope to reschedule the event at a later date. 

Please visit our website www.cpbi-icra.ca for the status of upcoming CPBI events in the Atlantic region.

CPBI Atlantic's 2020 Superintendent of Pensions Report

New Rules for Nova Scotia


Date:Tuesday, April 7th, 2020
Location:Casino Nova Scotia- Schooner Room
 Halifax, Nova Scotia
 
Format:11:45am - 12:30pm Networking & Plated Lunch
 12:30pm -  1:45pm Speaker Presentation 


In September 2017, the Government of Nova Scotia launched a review of the funding for pension plans and other regulatory issues affecting pension plans. Effective February 24, 2020, the Pension Benefits Regulations were amended by the Governor in Council to introduce the proposed reforms. The Regulations balance the needs of private sector employers that offer defined benefit pension plans and the members who contribute to those plans.


Please join CPBI Atlantic as we welcome our Nova Scotia Superintendent of Pensions, Paula Boyd, to help explain and review the new regulations that come into effect April 1, 2020.
Some of the new Regulations effective April 1, 2020 include, but are not limited to, the following:

• Funding Reform: Reducing Solvency Funding to 85%
• Funding Reform: Enhance Going Concern Funding
• Incorporating Federally Permitted Investment Rules
• New Restrictions on Contribution Holidays
• Exempt Individual Pension Plans (IPPs) from most of the Pension Benefits Act (the “Act”)
• Payments into Reserve Accounts
• Discharge of Liability for Annuity Buy-Outs
• Loosening Restrictions on Benefit Improvements for Solvency Exempt Plans

Paula Boyd

Nova Scotia Superintendent of Pensions, Superintendent of Insurance and the Superintendent of Credit Unions for the Province of Nova Scotia

Paula graduated from Acadia in 1997 with a Bachelor of Science Degree, double majoring in Math and Business. She started work with Mercer as an actuarial analyst directly after university, after achieving her designations as a Fellow of the Canadian Institute of Actuaries and a fellow of the Society of Actuaries in 2005.

Paula remained with Mercer until 2012 when she joined Morneau Shepell. She spent almost 5 years with Morneau Shepell as a senior consultant and principal, until she joined the Nova Scotia Department of Finance and Treasury Board, as the Nova Scotia Superintendent of Pensions in the fall of 2016. In the Spring of 2019 Paula also took on the role of the Superintendent of Insurance and the Superintendent of Credit Unions for the Province of Nova Scotia.

Paula is a member of the Canadian Association of Pension Supervisory Authorities, the Canadian Council of Insurance Regulators, and the Credit Union Prudential Supervisors Association. She is also currently a Nova Scotia Government Representative on the Public Service Superannuation Plan Trustees Inc.

Paula places a high value on retirement planning and transparency in actions and communications.

Paula graduated from Acadia in 1997 with a Bachelor of Science Degree, double majoring in Math and Business.  She started work with Mercer as an actuarial analyst directly after university, after  achieving her designations as a Fellow of the Canadian Institute of Actuaries and a fellow of the Society of Actuaries in 2005. 

Paula remained with Mercer until 2012 when she joined Morneau Shepell.  She spent almost 5 years with Morneau Shepell as a senior consultant and principal, until she joined the Nova Scotia Department of Finance and Treasury Board, as the Nova Scotia Superintendent of Pensions in the fall of 2016. In the Spring of 2019 Paula also took on the role of the Superintendent of Insurance and the Superintendent of Credit Unions for the Province of Nova Scotia.

Paula is a member of the Canadian Association of Pension Supervisory Authorities, the Canadian Council of Insurance Regulators, and the Credit Union Prudential Supervisors Association.  She is also currently a Nova Scotia Government Representative on the Public Service Superannuation Plan Trustees Inc. 

Paula places a high value on retirement planning and transparency in actions and communications.

Fees and Registration
Membership TypesRegular Price
Regular membership$70.00 CDN
Plan Sponsor Individual Membership$70.00 CDN
Associate$70.00 CDN
Student$70.00 CDN
Non Member$130.00 CDN
Member PriceNon Member Price
Corporate Table of 6$420.00 CDN$780.00 CDN
Cancellation Policy