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R-15.1 - Supplemental Pension Plans Act

Section 146.3.2
Disposition versions

Full text
146.3.2. (Replaced).
2006, c. 42, s. 13; 2015, c. 29, s. 27.
146.3.2. Upon expiry of the time for expressing opposition, the pension committee must count the notices of opposition received from the group of active members and from the group of non-active members and beneficiaries. The committee must immediately inform the employer concerned and each of the plan members and beneficiaries of the results.
If 30% or more of the members of a group referred to in the first paragraph are opposed to the proposed appropriation of the surplus assets, it is presumed that the requirement set out in the first paragraph of section 146.3 has not been met with respect to that group. However, if fewer than 30% of the members of such a group are opposed to the appropriation, it is presumed that the requirement has been met with respect to that group.
2006, c. 42, s. 13.
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