Terra Klinck

Pension, Benefits and Executive Compensation

Terra L. Klinck is an experienced pension and benefits lawyer with Toronto-based firm, BMKP Law. Terra has over 25 years’ experience advising both provincially- and federally-regulated employers and plan administrators, primarily in the private sector, on all legal issues relating to defined benefit (DB) and defined contribution (DC) pension plans, including: governance, fiduciary responsibilities, plan administration and regulatory compliance, funding requirements, pension fund investment and surplus utilization. Terra has a wealth of experience advising private sector employers on restructuring their legacy DB pension arrangements, including investment restructuring and de-risking initiatives (e.g., buy-in and buy-out annuity purchases), plan mergers and plan wind-ups. Terra has extensive experience advising on pension and benefit matters in corporate transactions, including mergers and acquisitions, insolvencies and restructurings.

• Canadian Bar Association | Pension and Benefits Law Section | Vice-Chair, Executive Committee (current) | Professional Development Committee, Co-Chair (current)

• Osgoode Professional Development | Pension Law Certificate Program | Instructor (2018-2023)

• Financial Services Regulatory Authority of Ontario | Standing Technical Advisory Committee for Defined Contribution Pension Plans | Member (2020-2023)