R-15.1 - Supplemental Pension Plans Act

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146.45. (Repealed).
2015, c. 7, s. 1; 2015, c. 29, s. 36.
146.45. When an employer no longer has active members in its employ, the plan must be amended to allow for the withdrawal of the employer from the plan, effective on or before the end date of the fiscal year in which the last member ceases to accumulate benefits.
In the case of an employer all of whose employees covered by the plan are hired on an ad hoc, fixed term basis, the plan need only be amended if 12 months have elapsed since the employer ceased to have active members in its employ.
2015, c. 7, s. 1.