R-15.1, r. 7 - Regulation respecting the exemption of certain categories of pension plans from the application of provisions of the Supplemental Pension Plans Act

Section 17 Disposition versions

2012-09-01

17. For the purposes of the Act and regulations, except paragraph 1 of section 176 of the Act, the obligations of the pension committee or of its members are incumbent upon the financial institution that administers the simplified pension plan. For the purposes of section 16, and subparagraph 1, 6 and 7 of the second paragraph of section 24 of the Act, the employer’s obligations are incumbent upon itself.

For the purposes of section 35 of the Act, the pension committee’s obligations are incumbent upon the employer.

For the purposes of the second paragraph of section 115 of the Act, the pension committee’s obligations are incumbent upon the retirement information committee referred to in subparagraph 18 of the first paragraph of section 10 or, failing that, upon the employer.

O.C. 657-94, s. 1; O.C. 1151-2002, s. 15.