R-15.1 - Supplemental Pension Plans Act

Full text
230.0.1. (Section renumbered).
2000, c. 41, s. 136; 2015, c. 29, s. 61.
See section 230.1.
230.0.1. The surplus assets of a terminated pension plan shall be equal to the amount by which the value of its assets as determined in accordance with section 212.1 exceeds the value of its liabilities as determined in accordance with that section.
In the case of a multi-employer pension plan, even not considered as such under section 11, or of a multi-employer pension plan that has already been amended to allow for the withdrawal of an employer, the surplus assets must be determined in respect of each employer as provided in subdivision 3.
2000, c. 41, s. 136.