Type of Pension
Defined Benefit
Defined Contribution
Target Benefit Pension Plans
Multi-Employer Pension Plans
Jointly Sponsored Pension Plans
Pooled Registered Pension Plans
Individual Pension Plans
Supplemental Employee / Executive Retirement Plans
Other - there are also pension plan alternatives such as registered retirement savings plans and deferred profit sharing plans.
Key pension transaction considerations
It is important to identify early on whether there is a Canadian DB pension plan associated with an in-scope entity as the plan can impact deal timings, purchase price and corporate reorganization steps. This will also be key to avoid inadvertently triggering any pension debts or the wind-up of a DB plan.