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R-15.1, r. 3 - Regulation to provide a framework for settlement of the benefits of members and beneficiaries of plans covered by subdivision 4.0.1 of Division II of Chapter XIII of the Supplemental Pension Plans Act and for administration by Retraite Québec of certain pensions paid out of the assets of the plans
Section 15
Disposition versions
15. Within 45 days of receipt of the decision by Retraite Québec approving the withdrawal or termination report, the pension committee must send each member or beneficiary affected by the employer’s withdrawal or the termination of the plan a statement of benefits and their value along with the necessary information so that their choices and options may be exercised.
The time allotted for the members or beneficiaries to inform the pension committee of their choices and options expires on the 90th day after the date on which the pension committee receives Retraite Québec’s decision approving the withdrawal or termination report.
15. Within 30 days of receipt of the decision by Retraite Québec approving the withdrawal or termination report, the pension committee must send each member or beneficiary affected by the employer’s withdrawal or the termination of the plan a statement of benefits and their value along with the necessary information so that their choices and options may be exercised.
The time allotted for the members or beneficiaries to inform the pension committee of their choices and options expires on the seventy-fifth day after the date on which the pension committee receives Retraite Québec’s decision approving the withdrawal or termination report.
15. Within 30 days of receipt of the decision by the Régie approving the withdrawal or termination report, the pension committee must send each member or beneficiary affected by the employer’s withdrawal or the termination of the plan a statement of benefits and their value along with the necessary information so that their choices and options may be exercised.
The time allotted for the members or beneficiaries to inform the pension committee of their choices and options expires on the seventy-fifth day after the date on which the pension committee receives the Régie’s decision approving the withdrawal or termination report.
