Assessment of Pension Plans Regulations
Version of section 4 from 2011-12-31 to 2016-10-20:
4 The basic rate for a fiscal year is the rate determined in accordance with the following formula:
(A + B)/C
where
- A
- is the estimated total of expenses to be incurred by the Office during the fiscal year for or in connection with the administration of the Pension Benefits Standards Act, 1985;
- B
- is 20% of the difference between
(a) the aggregate amount of expenses incurred by the Office for or in connection with the administration of the Pension Benefits Standards Act, 1985 and those expenses that were incurred by the Superintendent for the registration of plans and their supervision under that Act, including inspection, in the second to sixth preceding fiscal years; and
(b) the aggregate amount of assessments received by the Office as well as the fees collected under the Pension Benefits Standards Act, 1985 in the second to sixth preceding fiscal years; and
- C
- is the estimated total amount of the plan assessment bases of all plans.
- Date modified: