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R-15.1, r. 6 - Regulation respecting supplemental pension plans
Section 61.0.9
Disposition versions
61.0.9. Where the spouse of the annuity holder is entitled, on the holder’s death, to the pension referred to in section 87 of the Act, the contract with the insurer must provide that the spouse of the holder cease to be entitled to such benefits in any situation referred to under section 89 of the Act, unless the holder has sent the notice provided for under that section to the pension committee or a similar notice to the insurer.
Furthermore, the contract with the insurer must provide that the holder of the annuity may, if his spouse is no longer entitled to benefits in accordance with the first paragraph, require that his annuity by replaced by another, under the conditions provided for in the first and third paragraphs of section 89.1 of the Act.
For the purposes of the first paragraph, the holder of the annuity is a member of a pension plan whose benefits were paid in accordance with the annuity purchasing policy.
