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Office of the Superintendent - Pension Commission
OSPC: About Pension Legislation in MB
The Office of the Superintendent - Pension Commission
The Office of the Superintendent - Pension Commission manages the day-to-day administration of The Pension Benefits Act of Manitoba. This act governs Manitoba's workplace or registered pension plans run by employers, groups of employers or unions for their employees or members.
The Office of the Superintendent - Pension Commission:
- ensures that employers or unions who sponsor plans understand and follow the act
- registers new plans
- monitors all existing plans
- explains to plan members how the act affects them and their plan
- ensures that financial institutions that administer LIRAs and LIFs understand and follow the act.