| Department of Finance and Treasury Board
Private Pension Plan Registration
|
 |
| Who Needs This Registration?
|
Any Nova Scotia employer who sponsors a private pension plan.
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| Issuing Department
/ Agency: |
Finance and Treasury Board
|
| Where can you get this
Registration and / or further information? |
Pension
Regulation Division
Finance and Treasury Board
Tel: 902-424-8915
Fax: 902-424-1289
e-mail: pensionreg@novascotia.ca
|
Office Location:
1723 Hollis Street
4th Floor
Halifax, NS B3J 1V9
Mailing Address:
P.O. Box 2531
Halifax, NS B3J 3N5
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| Application Forms & Process: |
Forms for Application for Registration of Pension Plan may
be obtained from the above office or from Finance and Treasury Board website. The completed form is submitted, along with
the appropriate fee, to the Division.
If approved, a Certificate of Registration is issued by the Superintendent
of Pensions by letter.
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| Waiting Period: |
10 business days for:
Approval of Financial Hardship Unlocking
Life Income Fund Specimen Plan or Amendment Approval
Pension Plan Registration (private or municipal)
30 business days for: Pension Plan Terminations - Full or Partial
Provided that all the items that must accompany the application have been received.
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| Expiry : |
This Registration does not expire.
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| Price: (No tax is charged)
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The fee is $5.80 per member with a minimum fee of $116.65 and a maximum fee of $8,749.75.
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| Related Requirements:
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Any amendments to the pension plan require a Notice of
Registration of Amendment (required by Section 22 of the Pension
Benefits Act).
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| Additional Information:
|
- If the majority of the members of the plan reside in another province,
the plan is registered in that province.
- Each year an Annual Information Return form is sent to each employer
at their plan's year end. The employer has 6 months to send
the completed form, with appropriate fee, to the Pension Regulation
Division.
- An actuarial Report must be filed every three years for defined
benefit pension plans.
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| Legislative Authority:
|
Pension
Benefits Act, Revised Statutes of Nova Scotia, 1989, Chapter 340
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