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The Pension Benefits Standards Act, 1985 (PBSA) and the Pension Benefits Standards Regulations, 1985 (PBSR) apply to federally regulated private pension plans. The Superintendent of Financial Institutions issues directives and specifications related to certain requirements under the PBSA and the PBSR and OSFI issues policy advisories and guidelines to assist plan administrators in meeting their legislative and regulatory requirements. These policy advisories and guidelines are available on this web site under the appropriate topic.
Directives and Specifications