6. The arbitrator shall meet the following conditions relating to experience and professional training:(1) have at least 10 years’ experience in the field of pension plans;
(2) have at least 5 years’ experience in the field of pension plans and either hold an undergraduate university degree in a relevant field, such as actuarial science, business administration, insurance, law or industrial relations or be an actuary within the meaning of section 3 of the Act; or
(3) be accredited as an arbitrator specializing in pension plans with an arbitration body accredited by the Government under section 243.7 of the Act.
Where 3 arbitrators are appointed, at least one of them shall hold an undergraduate degree in law.