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The amendments would also allow certain members of pooled registered pension plans to set their own contribution rates or amounts and make technical amendments. The government also intends to identify ways to reduce burden and red tape for federally regulated pension plans through a review of the Pension Benefits Standards Regulations and the Pooled Registered Pension Plans Regulations.

The budget also proposed amendments to the Public Service Superannuation Act, the Royal Canadian Mounted Police Superannuation Act and the Canadian Forces Superannuation Act, as well as related regulations, to restore the coordinated pension…