R-15.1, r. 8 - Regulation respecting the exemption of certain pension plans from the application of provisions of the Supplemental Pension Plans Act

Section 14.33 Disposition versions

2023-02-16

14.33. For the purpose of paying the debt of the employer pursuant to subdivision 4 of Division II of Chapter XIII of the Act, the assets upon termination must be distributed, according to sections 220 to 227 of the Act that apply with the necessary modifications, between the value of the benefits referred to in subparagraph 3 of the first paragraph of section 14.32 and the value of the benefits that come from the pension plans referred to in paragraphs 1 to 3 of section 14.30.

For the purposes of the first paragraph, the assets upon termination must be distributed between the value of the benefits referred to in the second paragraph of section 14.32 and the value of the benefits that come from the pension plan referred to in paragraph 1 of section 14.30.1 before 1 May 2021.

O.C. 17-2021, s. 1; O.C. 58-2023, s. 4.

2021-02-11

14.33. For the purpose of paying the debt of the employer pursuant to subdivision 4 of Division II of Chapter XIII of the Act, the assets upon termination must be distributed, according to sections 220 to 227 of the Act that apply with the necessary modifications, between the value of the benefits referred to in paragraph 3 of section 14.32 and the value of the benefits that come from the pension plans referred to in paragraphs 1 to 3 of section 14.30.

O.C. 17-2021, s. 1.