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Pension Guideline: Use of Letters of Credit for Meeting Solvency Deficiencies
Pension Guideline: Use of Letters of Credit for Meeting Solvency Deficiencies
BC Financial Services Authority (“BCFSA”) released a list of frequently asked questions (“FAQs”) that seeks to help defined benefit pension plans administrators understand how to use a letter of credit to meet solvency deficiencies. Check out the FAQs for more details.
