R-15.1 - Supplemental Pension Plans Act

Section 146.3.6 Disposition versions

2016-01-01

146.3.6. (Replaced).

2006, c. 42, s. 13; 2015, c. 29, s. 27.

2010-01-01

146.3.6. The appropriation of the surplus assets of a pension plan to the payment of employer contributions must cease

(1)  in the case of a pension plan referred to in section 146.3.4, at the date of any actuarial valuation showing that there are no surplus assets determined on a funding basis, or that assets determined on a solvency basis no longer exceed liabilities increased by the provision for adverse deviation referred to in subparagraph 2 of the first paragraph of section 128; and

(2)  in the case of a pension plan referred to in section 146.3.5, as soon as the condition set out in paragraph 1 of that section is no longer met.

2006, c. 42, s. 13.