Document ID: chunk:federal_register_of_legislation:F2015L00810:body:0:p6
Version: federal_register_of_legislation:F2015L00810
Segment Type: other
Provision Reference: 
Character Range: 15038–19174

and/or withdrew membership from the RSE. Includes: allowances for any options the member could exercise where the option is consistent with the funding calculation. Reference: SIS Act, s. 83A.

Defined benefit interests                                        Represents a member interest that is a defined benefit interest or a defined benefit pension. Reference: SIS Regulations, r. 1.03AA, r. 9.04E.

Net assets available for member benefits (net of ORFR reserves)  Represents the surplus of total assets less total liabilities which are underlying the value of members' benefits, excluding the value of reserves held to meet the operational risk financial requirement. Reference: Prudential Standard SPS 160 Defined Benefit Matters, Prudential Standard SPS 114 Operational Risk Financial Requirement.

Contributions

Item 2 collects contributions into the defined benefit RSE or sub-fund, as appropriate.

Reporting basis: report item 2 column 1 as at the end of the reporting period; report item 2 column 2 with respect to transactions that occurred during the reporting period.

Unit of measurement: report item 2 column 1 as a whole number; report item 2 column 2 in thousands of dollars.

Item 2                                                                                            For item 2.1 and item 2.3 to item 2.5 inclusive, report the number of employer-sponsors in column 1 and the value of defined benefit contributions made by those employer sponsors in column 2. For item 2.2 and item 2.6 report the number of employer-sponsors in column 1.

                                                                                                  Report total employer-sponsors in item 2.1.

                                                                                                  Report employer-sponsors on a contribution holiday in item 2.2.

                                                                                                  Report employer-sponsors that did not pay the recommended contribution rates in item 2.3.

                                                                                                  Report employer-sponsors that did not pay certified minimum contributions at the recommended frequency in item 2.4.

                                                                                                  Report the employer-sponsors that have contributions in arrears in item 2.5.

                                                                                                  Report employer-sponsors that have notified intent to cease contributions in item 2.6.

                                                                                                  If the participation of any employer sponsor is limited, report 'yes' in item 2.7; otherwise, report 'no'.

Employer-sponsor                                                                                  Represents an employer-sponsor within the meaning given in s. 16(1) of the SIS Act.

Defined benefit contribution                                                                      Represents contributions made in respect of a member interest that is a defined benefit interest. Reference: SIS Regulations, r. 1.03AA.

Employer-sponsors on a contribution holiday                                                       Represents employer-sponsors that have temporarily ceased to make contributions in respect of defined benefit members. Includes: employers on both full and partial contribution holidays.

Employer-sponsors that did not pay the recommended contribution rates                             Represents employer-sponsors that did not pay the actuary's recommended contribution rate and would not be classified as on a contribution holiday. Reference: SIS Regulations, r. 9.31(1)(c) and r. 9.32(b).

Employer-sponsors that did not pay certified minimum contributions at the recommended frequency   Represents employer-sponsors that did not pay at the actuary's recommended frequency of minimum contributions and would not be classified as on a contribution holiday. Reference: