Forward Regulatory Plan: 2021 to 2023: amending the Supplementary Death Benefit Regulations
Title or working title of regulatory initiative
Amending the Supplementary Death Benefit Regulations
Enabling act(s)
Description
Amendments to the Supplementary Death Benefit Regulations (SDBR) are required as certain aspects related to naming and changing beneficiaries under the Supplementary Death Benefit (SDB) plan no longer align with industry standards, plan members’ needs or technological advancements. Regulatory amendments will allow plan participants to name multiple beneficiaries and streamline the designation process, allowing plan participants to designate beneficiaries using electronic means in the future.
Key objective(s)
To modernize administration of the SDB plan to provide greater flexibility to better meet plan members’ needs and align with industry standards.
This regulatory initiative is associated with the department’s Regulatory Stock Review Plan: 2020 to 2030.
Regulatory cooperation efforts (domestic and international)
Regulatory cooperation is not required as this initiative is internal to the management of the SDB plan.
Potential impacts on Canadians, including businesses
There are no expected impacts on Canadians, including businesses, as the issue is internal to the management of the SDB plan.
Consultations
The Public Service Pension Advisory Committee, comprised of employer, employee and retiree representatives, has been consulted on this initiative.
Public consultations are not applicable as this issue is internal to the management of the SDB plan.
Links to additional information
Departmental contact information
Deborah Elder
Senior Director, Pensions and Benefits Sector
Office of the Chief Human Resources Officer
343-996-8639
Deborah.Elder@tbs-sct.gc.ca
This regulatory initiative was first included in the Forward Regulatory Plan: 2015-2017 and updated in the Forward Regulatory Plan: 2019-2021
For more information
Consult the Treasury Board of Canada Secretariat’s acts and regulations web page for:
- a list of acts and regulations administered by the Treasury Board of Canada Secretariat
- further information on the Treasury Board of Canada Secretariat’s implementation of government-wide regulatory management initiatives
Consult the following for links to the Cabinet Directive on Regulation and supporting policies and guidance, and for information on government-wide regulatory initiatives implemented by departments and agencies across the Government of Canada:
To learn about upcoming or ongoing consultations on proposed federal regulations, visit:
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