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October 14, 2014

Despite having been available for decades, target benefit pension plans (TBPs) will continue to be resisted by federally regulated employers unless a legal flaw is fixed, according to a report from the C.D. Howe Institute. In “Target Benefit Plans: Improving Access for Federally Regulated Employees,” author Randy Bauslaugh finds that TBPs are rarely adopted by federally regulated private-sector employers because federal pension law casts doubt over the ability of employers to limit their financial exposure, a key attribute of TBPs for employers. 

Randy Bauslaugh

Randy Bauslaugh led the Pensions, Benefits & Executive Compensation practice at McCarthy Tétrault, one of Canada’s most respected business law firms.  He served as an expert trustee for the OECTA Employee Life & Health Trust, the largest health and welfare trust in Canada and he is a volunteer director of the Canadian National Exhibition Association.