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R-15.1 - Supplemental Pension Plans Act
Section 90.1
Disposition versions
90.1. A pension plan that includes defined contribution provisions may allow a member who has ceased to be an active member or, on the death of such a member, the member’s spouse to elect to receive variable benefits from the funds the member or spouse holds under the defined contribution provisions, on the conditions and within the time prescribed by regulation.
Every member or spouse at least 55 years of age who has elected to receive variable benefits is entitled to apply for payment in one or more instalments of all or part of the funds referred to in the first paragraph, on the conditions and within the time prescribed by regulation.
90.1. A pension plan that includes defined contribution provisions may allow a member who has ceased to be an active member or, on the death of such a member, the member’s spouse to elect to receive variable benefits from the funds the member or spouse holds under the defined contribution provisions, on the conditions and within the time prescribed by regulation.
