Canadian M&A Perspectives Private and Public Mergers & Acquisitions | Private Equity

Monthly Archives: December 2012

Defined Benefit Versus Defined Contribution Pension Plans: The Basics

By Mark Firman on Posted in Contractual Matters, Private Equity, Private Transactions, Public M&A, Strategy

When purchasing an existing business, many buyers are understandably reluctant to assume obligations under a target’s defined benefit (DB) pension plan. Under a traditional DB plan, members (i.e. plan participants) are entitled to a guaranteed pension amount calculated by a formula. While active employees may contribute to such plans, each Canadian jurisdiction’s laws place the… → Read More