{"id":19822,"date":"2020-10-08T08:46:41","date_gmt":"2020-10-08T12:46:41","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/quebec-tables-bill-allowing-target-benefit-pension-plans-150848"},"modified":"2020-10-08T08:46:41","modified_gmt":"2020-10-08T12:46:41","slug":"quebec-tables-bill-allowing-target-benefit-pension-plans","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/10\/08\/quebec-tables-bill-allowing-target-benefit-pension-plans\/","title":{"rendered":"Quebec tables bill allowing target-benefit pension plans"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"350\" height=\"263\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2020\/10\/73219500_s-350x263.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"Quebec tables bill allowing target-benefit pension plans\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;October 8, 2020 <\/p>\n<p>Quebec is one step closer to allowing&nbsp;employers to introduce target-benefit pension plans.&nbsp;<\/p>\n<p>On Wednesday, Eric Girard, Quebec\u2019s minister of finance, tabled Bill 68, which was initially <a href=\"https:\/\/www.benefitscanada.com\/news\/quebec-to-introduce-bill-allowing-target-benefit-pension-plans-138756\">introduced in November 2019<\/a>. The bill draws inspiration from a report by the expert panel on the future of the Quebec retirement system, which was published in 2013.<\/p>\n<p>\u201cQuebec is taking an additional step to foster private savings, a cornerstone of our retirement income system,\u201d he said, in a press release. \u201cThe bill will offer a new retirement plan option adapted to today\u2019s conditions for the benefit of workers and employers.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/quebec-to-introduce-bill-allowing-target-benefit-pension-plans-138756#:~:text=In%20Quebec%2C%20only%20certain%20companies,jurisdiction%2C%20but%20it%20was%20suspended.\">Quebec to introduce bill allowing target-benefit pension plans<\/a><\/strong><\/p>\n<p><span class=\"notranslate\">In Quebec,&nbsp;only certain companies in the pulp and paper sector are currently&nbsp;permitted to offer target-benefit plans to their employees.&nbsp;<\/span><span class=\"notranslate\">In 2016, Ottawa introduced Bill C-27 to allow&nbsp;the plan for employers under federal jurisdiction, but it was suspended.&nbsp;<\/span><\/p>\n<p>The Quebec bill&nbsp;also proposes amendments to the Quebec Pension Plan to more broadly support parents who benefit from the supplement for disabled children requiring exceptional care during the period when they take care of their child.<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/quebec-tables-bill-allowing-target-benefit-pension-plans-150848\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;October 8, 2020 Quebec is one step closer to allowing&nbsp;employers to introduce target-benefit pension plans.&nbsp; On Wednesday, Eric Girard, Quebec\u2019s minister of finance, tabled Bill 68, which was initially introduced in November 2019. The&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/19822"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=19822"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/19822\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=19822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=19822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=19822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}