![Terra Klinck](https://assets-cdn.chambers.com/cdn-cgi/image/format=auto,fit=scale-down/https://media.chambers.com/individuals/3206591/c34e3ad1-2af6-4b46-8a6c-abaf68e03ad8/profile.png)
Terra Klinck
Canada Guide 2024
Band 3 : Pensions & Benefits
Email address
[email protected]Contact number
416-922-1106Share profile
Band 3
About
Provided by Terra Klinck
Practice Areas
Pension, Benefits and Executive Compensation
Career
Terra L. Klinck is an experienced pension and benefits lawyer with Toronto-based firm, Brown Mills Klinck Prezioso LLP. 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 restructure 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.
Professional Memberships
• Canadian Bar Association, Pension and Benefits Law Section – Executive Committee Member (current), Outreach Officer (2022-2023)
• 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)
• Ontario Bar Association, Pension and Benefits Law Section – Member (current), Previous Executive Committee Member
Publications
Recognized in:
• The Best Lawyers in Canada (2020-2024)
• Chambers Canada (2021-2023)
• Canadian Legal Lexpert Directory (2015-2018, 2020-2023)
• Who’s Who Legal: Labour, Employment & Benefits (2019-2023)
• Who’s Who Legal: Canada (2019-2022)
Experience
Representative Work:
• Advises a large professional association in conjunction with its development and implementation of a retirement program for its 40,000 members, which includes a novel annuity purchase feature.
• Acts as counsel to a large Canadian financial institution in respect of its Canadian pension and savings plans, including governance, compliance and regulatory matters, plan consolidations and mergers and acquisitions related activities.
• Advises an employer on the conversion of its single employer plan into a sector jointly sponsored pension plan, including the transfer of legacy defined benefit liabilities.
Education
University of Western Ontario
LL.B.
Awards
Zenith Award
Lexpert
2018
Discover other Lawyers at
Brown Mills Klinck Prezioso LLP
Nationwide - Canada
![Elizabeth M Brown](https://assets-cdn.chambers.com/cdn-cgi/image/format=auto,fit=scale-down/https://media.chambers.com/individuals/3206490/e0526477-0a1c-4821-a6cd-cfd6699ae4a7/profile.png)
![Lisa Mills](https://assets-cdn.chambers.com/cdn-cgi/image/format=auto,fit=scale-down/https://media.chambers.com/individuals/3206592/cd7b5001-039a-4f92-b222-bd4527233f52/profile.png)
![Terra Klinck](https://assets-cdn.chambers.com/cdn-cgi/image/format=auto,fit=scale-down/https://media.chambers.com/individuals/3206591/c34e3ad1-2af6-4b46-8a6c-abaf68e03ad8/profile.png)
![John Prezioso](https://assets-cdn.chambers.com/cdn-cgi/image/format=auto,fit=scale-down/https://media.chambers.com/individuals/3206660/f6941466-3c0f-4866-8494-1e551b860642/profile.png)
![Lindsay McLeod](https://assets-cdn.chambers.com/cdn-cgi/image/format=auto,fit=scale-down/https://media.chambers.com/individuals/3206707/6578dbd3-b2e2-4d4c-ab1d-2feb8cf47980/profile.png)
![Sean Maxwell](https://assets-cdn.chambers.com/cdn-cgi/image/format=auto,fit=scale-down/https://media.chambers.com/individuals/3206521/1683b0ca-05cf-49ff-8c12-e2d63587b201/profile.png)