Ontario outlines plan to toughen pension rules

Newswire

* Pension reforms call for stricter funding rules * More cash required for pension guarantee fund By Claire Sibonney TORONTO, Aug 24 (Reuters) - Ontario will toughen pension funding requirements for companies and bolster its guarantee fund as it works to fix a pension system hit hard by the financial crisis, the Canadian province said on Tuesday. The changes, included in legislation to be introduced this fall, come after the provincial government spent hundreds of millions to ...

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