September 14, 2017

NOTICE

 

NOTICE TO THE GENERAL PUBLIC

 

Please be advised that Pension Plans that are governed by a trust are required to be registered with the Domestic Trust Registry (Registrar of Courts) in accordance with the Trust Act.

 

All private pension plans whose trust are registered in 2017 will be considered a pre-existing pension plan for purposes of the Private Pension Act. Pre-existing pension plans will be afforded consideration for certain exemptions from provisions of the Private Pension Act.  All 2018 and future private pension plans will have to comply with the current provisions of the Act.

 

For inquiries please contact the Office of the Supervisor of Insurance and Private Pensions at 822-3808 or send an email to osipp@mof.gov.bz.

 

 

ALMA GOMEZ

Supervisor of Insurance