R-15.1, r. 7 - Regulation respecting the exemption of certain categories of pension plans from the application of provisions of the Supplemental Pension Plans Act

Section 134 Disposition versions

2024-11-21

134. Members and beneficiaries’ benefits whose benefits were maintained in the plan following the employer’s withdrawal must be settled where the report related to an actuarial valuation of the plan shows that the plan’s funding level, at the date of the actuarial valuation, is lower than the limit set by the plan’s funding policy or that the other criteria established by the policy are met on that date.

O.C. 1535-2024, s. 27.