R-15.1, r. 6 - Regulation respecting supplemental pension plans

Section 67.3.15 Disposition versions

2022-04-14

67.3.15. If the plan provides that the benefits of the members and beneficiaries may be maintained in the plan, the statement must also indicate:

(1)  if it concerns a non-active member for whom a pension is being paid on the date of withdrawal or a beneficiary,

(a)  the payment methods provided for in subparagraph a of paragraph 3 of section 146.90 of the Act;

(b)  that the benefits of the non-active member or beneficiary will be maintained in the plan if he or she does not provide another choice within the time period referred to in subparagraph 3 of the second paragraph of section 67.3.13;

(2)  if it concerns any other member or beneficiary:

(a)  the payment methods provided for in subparagraph b of paragraph 2 of section 146.90 of the Act;

(b)  that the benefits of the non-active member or beneficiary will be maintained in the plan if he or she does not provide another choice within the time period referred to in subparagraph 3 of the second paragraph of section 67.3.13;

(3)  where applicable, a mention that the plan has an annuity purchasing policy.

O.C. 308-2022, s. 55.