Regulatory Alerts2026-07-08
Added
PF-DIR-01-2022 – Membership Eligibility Requirements and Nature and Extent of Benefits
Registered pension fund organizations must ensure their rules explicitly set out membership eligibility requirements, the conditions for entitlement to benefits, and the nature and extent of such benefits as mandated by sections 11(c) and 11(d) of the Pension Funds Act. Approved rules that fail to include these provisions are deemed invalid to the extent of the inconsistency and cannot be applied or enforced. Funds are directed to amend their rules to align with the Act and are responsible for exercising due care and diligence in this preparation process.
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