R-17.0.1 - Voluntary Retirement Savings Plans Act

Section 18 Disposition versions

2014-07-01

18. The administrator must provide the employer or the individual, free of charge, with

(1)  a copy of the contract between the parties; and

(2)  on request, the annual statement and the financial report referred to in section 24.

The employer must make any document mentioned in the first paragraph available to participants on request and free of charge.

The administrator must also give the individual a written summary of the plan that describes, in particular, the individual’s rights and obligations and the investment options available under the contract as well as the costs related to the plan. The summary must also include the information provided for in subparagraphs 2 to 5 of the third paragraph of section 19.

2013, c. 26, s. 18; I.N. 2014-05-01.