R-15.1 - Supplemental Pension Plans Act

Section 205 Disposition versions

2016-01-01

205. Retraite Québec may terminate a pension plan

(1)  if, without having transmitted a notice of termination, the employer — or, in the case of a multi-employer pension plan, even not considered as such under section 11, every employer — fails to collect member contributions or to pay employer contributions or the member contributions collected into the pension fund or to the insurer;

(2)  where the pension committee, a person or body to whom powers have been delegated or any party to the plan fails to comply with an order issued by Retraite Québec under this Act; or

(3)  where the plan has no more active members.

Before terminating the plan, Retraite Québec must allow the pension committee at least 10 days to present observations.

1989, c. 38, s. 205; 1992, c. 60, s. 21; 1997, c. 43, s. 656; 2000, c. 41, s. 114; 2015, c. 20, s. 61.

2001-01-01

205. The Régie may terminate a pension plan

(1)  if, without having transmitted a notice of termination, the employer — or, in the case of a multi-employer pension plan, even not considered as such under section 11, every employer — fails to collect member contributions or to pay employer contributions or the member contributions collected into the pension fund or to the insurer;

(2)  where the pension committee, a person or body to whom powers have been delegated or any party to the plan fails to comply with an order issued by the Régie under this Act; or

(3)  where the plan has no more active members.

Before terminating the plan, the Régie must allow the pension committee at least 10 days to present observations.

1989, c. 38, s. 205; 1992, c. 60, s. 21; 1997, c. 43, s. 656; 2000, c. 41, s. 114.

1999-04-01

205. The pension committee shall, within 30 days after the expiration of the period granted to members or beneficiaries to assert their rights or present observations, or within such extension of time, of not more than 60 days, as may be granted by the Régie, file with the Régie an application for approval of the draft termination report for which the notice of conformity was issued.

The application shall set out the date on which the statements of benefits of members or beneficiaries were sent or, if the statements were sent on different dates, the date of the last statement sent, the date of publication of the notice prescribed by section 204, the newspaper in which it appeared and, where applicable, the amendments made to the draft report.

1989, c. 38, s. 205; 1992, c. 60, s. 21; 1997, c. 43, s. 656.

1993-01-01

205. The pension committee shall, within 30 days after the expiration of the period granted to members or beneficiaries to assert their rights or make representations, or within such extension of time, of not more than 60 days, as may be granted by the Régie, file with the Régie an application for approval of the draft termination report for which the notice of conformity was issued.

The application shall set out the date on which the statements of benefits of members or beneficiaries were sent or, if the statements were sent on different dates, the date of the last statement sent, the date of publication of the notice prescribed by section 204, the newspaper in which it appeared and, where applicable, the amendments made to the draft report.

1989, c. 38, s. 205; 1992, c. 60, s. 21.

1990-01-01

205. The pension committee shall, within 30 days after the expiration of the period granted to members or beneficiaries to assert their rights or make representations, file with the Régie an application for approval of the draft termination report for which the notice of conformity was issued.

The application shall set out the date on which the statements of benefits of members or beneficiaries were sent or, if the statements were sent on different dates, the date of the last statement sent, the date of publication of the notice prescribed by section 204 and, where applicable, the amendments made to the draft report.

1989, c. 38, s. 205.