about: Pension Law

Pension law is the law and regulation of workplace pension plans run by employers and trade unions, registered with tax authorities and regulated by a provincial or federal regulator.

Six million Canadians participate in a workplace pension plan, in the private sector and broader public sector, in all industries and levels of government. Pension plans cover 37% of the workforce and are an important pillar of the Canadian retirement system. Some $60 billion dollars is contributed yearly to pension funds with $1.5 trillion CDN in managed assets.

Pension plans arise from employment, involve operations, and are in the interests of employers, employees and pensioners, their families, governments and financial institutions. Pension law is multidisciplinary, technical, and policy-oriented. Different interests can converge resulting in disagreements and legal questions. Because of this, pension law issues are particularly suited to dispute resolution.

... pension benefits bear many of the hallmarks of a property right. As A. Kaplan and M. Frazer explain in Pension Law:

Vesting is the ‘foundation stone’ of employee protections upon which pension regulation is based . . . . It is the vesting of pension benefits that shift our perception of pensions from purely contractual entitlements to quasi-proprietary interests.
— IBM Canada Limited v. Waterman, 2013 SCC 70

Click here for an excerpt of Pension Law (2e).

Click here to read the foreword to Pension Law by Iacobucci J. and Gillese J.A. 

Ari Kaplan is the author of Pension Law (Irwin Law: 2006), co-recipient of the Walter Owen Book Prize for outstanding new contribution to Canadian legal literature, and co-author of the second edition (2013; w/ M. Frazer). Pension Law is Canada’s leading textbook in the area and has been repeatedly cited by the Supreme Court of Canada and courts, tribunals and commissions. Pension Law 3e expected publication: Q3 2019.