To print this article, all you need is to be registered or login on Mondaq.com. With current market conditions and a low interest rate environment creating sustainability-related concerns for sponsors of defined benefit ("DB") pension plans, the "de-risking" of pension plans has been top of mind for many pension plan sponsors. For public sector pension plans sponsored by a single employer (and other prescribed plans) in Ontario, there is an opportunity to reduce cash flow and balance sheet volatility in respect of DB pension liabilities through converting into a jointly sponsored pension plan (a "JSPP"). This SEPP to JSPP conversion is the first of its kind in Canada,