R-15.1 - Supplemental Pension Plans Act

Full text
306.11. Sections 18, 32, 56, 165, 190, Chapter XIII except section 240.2 and paragraphs 1 and 3 of section 240.3, paragraph 12 of section 244, paragraph 6 of section 246 and sections 309 to 311.1, as they read on 31 December 2000, continue to apply
(1)  to matters pending before the Régie on 31 December 2000;
(2)  to total terminations having occurred before 1 January 2001 and partial terminations affecting members whose active membership ended before that date, whether or not the termination results from the withdrawal of an employer from a multi-employer pension plan, provided that
(a)  if the employer decided to terminate the plan, the members were duly advised in writing, as provided by law; and
(b)  if the Régie decided to terminate the plan by reason of the employer’s failure to collect member contributions or to pay employer contributions or the member contributions collected into the pension fund or to the insurer, or by reason of a decrease in the number of active members, the event that warranted the Régie’s decision occurred between 31 December 1999 and 1 January 2001.
Notwithstanding any provision to the contrary, a partial termination can only affect members whose active membership ended before 1 January 2001.
Section 32.1 does not apply to terminations to which this section applies.
2000, c. 41, s. 190.