Pensions Coverage for All Employees

British Columbia has introduced amendments to the Pension Benefits Standards Act which would enable the application of the pension standards to the new privately financed pension plan Premier Campbell announced in October 2008. The new plan combined with the amendments to the Act would improve access to pension coverage for all workers in British Columbia including employees and self-employed persons.  The amendments will come into force when the new private pension plan is established in 2010.

The News Release regarding these amendments is available online at:
http://www2.news.gov.bc.ca/news_releases_2005-2009/2009FIN0007-000501.htm