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R-15.1, r. 4.1 - Regulation providing new relief measures for the funding of solvency deficiencies of pension plans in the private sector
Section 2
Disposition versions
2. The employer party to the plan may, in writing, instruct the pension committee that administers the plan to take one or more of the following relief measures provided for under section 3 for the purposes of the first actuarial valuation of the plan dated after 30 December 2013.
In the case of a multi-employer pension plan, even one not considered as such for the purposes of section 11 of the Act, the person or body empowered to amend the plan can give that instruction.
