Acts and Regulations

91-195 - General

Section 8.1
Disposition versions

Full text
Calculation of provision for adverse deviations
2020-51
8.1(1)The provision for adverse deviations for a pension plan as at a particular review date is the percentage calculated using the following formula:
A + B
where
A =0.05, or the value specified in subsection (2);
B =the value determined in accordance with section 8.3, based on the pension plan’s combined target asset allocation for non-fixed income assets determined under section 8.2.
8.1(2)The value of “A” is zero and the value of “B” is zero in the formula in subsection (1) for a pension plan that is exempt under section 42.1 from containing provisions requiring an employer, or a person required to make contributions on behalf of an employer, to make contributions in respect of a solvency deficiency.
2020-51