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R-15.1, r. 6.1 - Regulation respecting supplemental pension plans affected by the arrangement regarding AbitibiBowater Inc. under the Companies’ Creditors Arrangement Act
Section 46.18
Disposition versions
46.18. Notwithstanding section 46.9, the pension committee shall, no later than 8 July 2013, inform members and beneficiaries who opted to receive a pension paid out of the assets administered by the Régie that they may ask the pension committee to leave their benefits in the pension plan.
The notice sent by the pension committee must describe the proposed changes to the funding rules for a pension plan subject to this Regulation.
Should the members or beneficiaries not make a request to the pension committee, within 15 days after the notice is sent, to have their benefits remain in the pension plan, the members or beneficiaries will be deemed to have confirmed their choice of option.
Notwithstanding section 46.11, the time limit for proceeding to pay the benefits expires on 15 August 2013.
