Some pension regulators either have instituted, or are considering instituting, risk-based approaches to monitoring pension plans in their jurisdictions. This may focus on funding, investment or other factors.

Action to date

ACPM’s Advocacy and Government Relations Committee (AGRC) is currently part of a CAPSA industry working group addressing a number of issues, including risk-based monitoring. The AGRC is concerned that any risk-based monitoring be done sensibly and reasonably, and in a way that will not appreciably increase the costs of pension plan administration.

Future action

The AGRC will continue to participate in industry discussions and monitor the actions of pension regulators in this regard