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 55 Disposition versions

2016-01-01

55. Where, under section 39.1 of the Act, Retraite Québec authorizes an employer to pay into the affected component of a pension plan a contribution less than that required under this Regulation, a portion of the difference shall be paid into the affected components of those pension plans registered with Retraite Québec, according to the terms and conditions determined by Retraite Québec.

The same applies where provisions of the Ontario legislation allow that, due to fiscal limits, a lesser contribution than that otherwise required under the provisions of the Ontario legislation equivalent to the Regulation be paid into a pension plan registered with Ontario’s Superintendent of Financial Services.

O.C. 856-2011, s. 55.

2012-09-01

55. Where, under section 39.1 of the Act, the Régie authorizes an employer to pay into the affected component of a pension plan a contribution less than that required under this Regulation, a portion of the difference shall be paid into the affected components of those pension plans registered with the Régie, according to the terms and conditions determined by the Régie.

The same applies where provisions of the Ontario legislation allow that, due to fiscal limits, a lesser contribution than that otherwise required under the provisions of the Ontario legislation equivalent to the Regulation be paid into a pension plan registered with Ontario’s Superintendent of Financial Services.

O.C. 856-2011, s. 55.