Regulatory Alerts2026-07-08
Added
PF-CIR-02-2020 – Master Rules Amendments
Registered pension fund organizations must amend their Master rules to empower trustees to permit temporary contribution reductions or suspensions for participating employers under specific conditions. Relief is limited to periods of up to four months, extendable by another four months, and requires that the measure avoids job losses, employees accept reduced remuneration, and members are informed of benefit impacts. Trustees must notify the Registrar within five days of granting, extending, or lifting such relief, providing details on the employer, affected members, and the nature of the exceptional circumstances.
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