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R-15.1 - Supplemental Pension Plans Act
Section 146.87
Disposition versions
146.87. An amendment to the plan regarding the recovery measures applicable in the event of insufficient contributions or regarding the conditions or procedure for restoring benefits may be made only if, at the end of the consultation process set out in this section, less than 30% of the members and beneficiaries are opposed to it.
For the purposes of the consultation, the pension committee shall send every member and beneficiary of the pension plan a written notice which, in addition to containing the information mentioned in subparagraph 1 of the first paragraph of section 26, indicates
(1) the plan provisions being amended that are in force on the date of the notice; and
(2) the text of the plan provisions arising from the amendment.
The rules set out in the second, third and fourth paragraphs of section 146.4 apply, with the necessary modifications.
