Alberta’s finance ministry has proposed measures to deal with the task of strengthening pensions’ risk management, disclosure and accountability.

The proposals are contained in a discussion paper that examines changes to the Alberta Employment Pension Plans Act. The changes would reinforce the ability of Superintendent of Pensions to protect plan members’ interests by providing greater accountability and transparency to plan members.

Another recommended change proposes measures to provide greater flexibility and reduce the administrative complexities around the division of pension benefits on marriage breakdown. A technical discussion paper is available for people who want more details on these proposals.

The deadline for feedback is Jan. 31. Based on the feedback received, input may be used to shape any changes to the Employment Pension Plans Act next spring.