Private Pensions – A Legislative Repsonse-Nova Scotia's Pension Benefits Act

At the 1975 spring sitting of the Nova Scotia legislature an Act Respecting Pension Benefits was introduced and passed.' The Act, though not proclaimed in force as yet, is expected to become operative sometime during 1976. When it does, it will be administered by the Minister of Finance. This article is essentially a specific review of the direction of the Act and an examination of its main areas in the context of the situation which now exists in relation to private pensions - the situation to which presumably the Act is a response. As far as possible, the peculiarities of the Nova Scotia pension situation have been used as the paper's context.