Financial and Consumer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and consumer marketplace regulator.

June 2018

  • June 2018

    Pensions - PRPP Member Guide for Saskatchewan Members now Published

    June 29, 2018 - The Office of the Superintendent of Financial Institutions (OSFI) has issued five Pooled Registered Pension Plan (PRPP) Member Guides for federally registered PRPPs. Under the Multilateral Agreement for PRPPs, OSFI is responsible for supervising all federally registered PRPPs that include members of jurisdictions that are subject to that agreement. The federal PRPP Act applies to such PRPPs instead of a provincial PRPP Act, subject to certain exceptions impacting individual benefits, such as locking-in requirements and the types of savings vehicles into which PRPP funds may be transferred. The new guides describe the general requirements for PRPPs as well the various requirements impacting individual benefits for federal, British Colombia, Saskatchewan, Ontario and Nova Scotia PRPP members. A guide for Manitoba members will follow.

    More information, including the guides, can be found on this webpage:  http://www.osfi-bsif.gc.ca/Eng/pp-rr/ppa-rra/prpp-rpac/Pages/default.aspx.

    For more information, please contact:

    Pensions Division
    Financial and Consumer Affairs Authority
    Suite 601, 1919 Saskatchewan Drive
    Regina, Saskatchewan S4P 4H2
    Phone:  (306) 787-7650
    Fax:  (306) 798-4425

     

    Pensions Division

    Suite 601, 1919 Saskatchewan Drive

    Regina, Saskatchewan S4P 4H2

    Tel: (306)787-7650

    Fax: (306)798-4425

    Email: pensions@gov.sk.ca

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