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R-15.1 - Supplemental Pension Plans Act

Section 153
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153. The person or body exercising delegated powers shall assume the same obligations and incur the same liability as those the pension committee or one of its members would have had to assume or have incurred if the powers had been exercised by the pension committee. The same applies to service providers and representatives who exercise a discretionary power belonging to the committee.
1989, c. 38, s. 153; 2006, c. 42, s. 21.
153. The person or body exercising delegated powers shall assume the same obligations and incur the same liability as those the pension committee or one of its members would have had to assume or have incurred if the powers had been exercised by the pension committee.
1989, c. 38, s. 153.
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