Funding relief for the Canada Post pension plan
On June 23, 2017 the Government of Canada brought in changes to The Pension Benefits Standards Regulations, 1985. They provide federally regulated pension plans with relief from the need to make special payments into their pension plan.
As a result of this regulatory change, Canada Post does not expect to have to make special payments in 2018, provided that market conditions remain constant.
For more information, refer to the letter mailed to all defined benefit component Plan members on August, 25, 2017, and the frequently asked questions.