Pooled Registered Pension Plans Act
C-25 (41)
LEGISinfo Bills
An Act relating to pooled registered pension plans and making related amendments to other Acts
Short title: Pooled Registered Pension Plans Act Bill C-25 (41-1) Status: Royal assent received Type: House Government Bill Sponsor: Jim Flaherty, Minister of Finance (Whitby—Oshawa) Latest stage: Royal assent Legislative
summary <div>On November 2011, the Minister of Finance introduced Bill C-25,
An Act relating to pooled registered pension plans and making related amendments to other Acts (Pooled Registered Pension Plans Act), in the House of Commons and it was given first reading.<br/><br/>Bill C-25 provides a legal framework for the establishment and administration of pooled registered pension plans that will be accessible to employees and self-employed persons and that will pool the funds in members’ accounts to achieve lower costs in relation to investment management and plan administration.<br/><br/>Provincial enabling legislation will need to be introduced for the framework to become fully operational.</div> House of Commons — First reading: Completed (2011-11-17) House of Commons — Second reading: Completed (2012-02-01) House of Commons — Consideration in committee: Completed (2012-03-07) House of Commons — Report stage: Completed (2012-05-28) House of Commons — Third reading: Completed (2012-06-12) Senate — First reading: Completed (2012-06-12) Senate — Second reading: Completed (2012-06-14) Senate — Consideration in committee: Completed (2012-06-21) Senate — Third reading: Completed (2012-06-26) LEGISinfo: https://www.parl.ca/legisinfo/en/bill/41-1/c-25