R-15.1, r. 8 - Regulation respecting the exemption of certain pension plans from the application of provisions of the Supplemental Pension Plans Act

Section 14.31 Disposition versions

2023-02-16

14.31. A pension plan referred to in paragraphs 1 to 3 of section 14.30, is exempted from the first, second and third paragraphs of section 196 of the Act, if all the members and beneficiaries who are covered by the merger are informed by means of a written notice and at least two-thirds of the active members agreed to it and not more than one-third of the non-active members and beneficiaries as a group were opposed to it. A union can consent in the name of the members it represents.

The exemptions provided for in the first paragraph apply, on the conditions provided therein, as of 1 August 2021 to the pension plan referred to in paragraph 1 of section 14.30.1.

O.C. 17-2021, s. 1; O.C. 58-2023, s. 2.

2021-02-11

14.31. A pension plan referred to in paragraphs 1 to 3 of section 14.30, is exempted from the first, second and third paragraphs of section 196 of the Act, if all the members and beneficiaries who are covered by the merger are informed by means of a written notice and at least two-thirds of the active members agreed to it and not more than one-third of the non-active members and beneficiaries as a group were opposed to it. A union can consent in the name of the members it represents.

O.C. 17-2021, s. 1.