R-15.1 - Supplemental Pension Plans Act

Section 199.1 Disposition versions

2016-01-01

199.1. If an employer that is a party to a multi-employer pension plan no longer has active members in its employ, the plan must be amended to allow for the withdrawal of the employer. If the person authorized under the plan to make such an amendment fails to do so within 30 days after the pension committee is informed of the fact that the employer no longer has active members in its employ, the pension committee shall proceed with the amendment.

In the case of an employer all of whose employees covered by the plan are hired on an ad hoc, fixed term basis, the plan need only be amended if 12 months have elapsed since the employer ceased to have active members in its employ.

2015, c. 29, s. 46.

2001-01-01

199.1. (Replaced).

1992, c. 60, s. 16; 2000, c. 41, s. 114.

1993-01-01

199.1. Where several partial terminations have occurred in respect of the same pension plan, or where, in a given period and on different dates, several events have occurred which could each result in a partial termination of the plan, those terminations or events may, for the purposes of this chapter, be considered to be or to relate to one and the same partial termination if, in the opinion of the Régie, they are based on similar circumstances, such as those mentioned in section 165.1.

1992, c. 60, s. 16.