R-15.1 - Supplemental Pension Plans Act

Section 67.2 Disposition versions

2008-06-20

67.2. A pension plan to which Chapter X applies or which is referred to in paragraph 1 of section 116 may provide that a pension be paid, on application, to a member who is employed by an employer party to the plan and who meets the following conditions:

(1)  the member makes an agreement to that effect with the employer;

(2)  the member is at least 60 years of age or, if under 60 years of age, the member is at least 55 years of age and, if the period of continuous employment ended on the date payment of the pension begins, would be entitled to an early retirement pension without any reduction by reason of payment having begun before the normal retirement age; and

(3)  the member is under 65 years of age.

2008, c. 21, s. 6.