News Briefs

Pension solvency relief; Mandatory ohs training

Pension solvency relief

Halifax — private sector pension plans in nova scotia can now take up to 15 years to be fully funded. Employers must notify plan members, working and retired. If more than one-third of the members object, the employer must fund the plan within five years. If not, the funding is extended. The extension would be available to plans found to be underfunded between 2011 and 2014.

Mandatory OHS training

TORONTO — Employers in Ontario will be required to deliver mandatory health and safety awareness training to all employees and supervisors covered by the Occupational Health and Safety Act in 2014, according to the Ministry of Labour. A transition period will be implemented before the proposed regulation is expected to come into effect on Jan. 1, 2014.

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