R-15.1 - Supplemental Pension Plans Act

Section 230.0.0.2 Disposition versions

2016-01-01

230.0.0.2. (Repealed).

2009, c. 1, s. 2; 2015, c. 29, s. 54.

2009-01-15

230.0.0.2. A member or beneficiary affected by the withdrawal of an employer or the termination of a plan who, on the date of the withdrawal or termination, would have been entitled to a pension had the member or beneficiary applied and whose benefits are reduced by reason of insufficient assets may choose one of the following methods for the payment of benefits:

(1)  a transfer referred to in section 98; or

(2)  a pension paid out of the assets administered by the Régie under section 230.0.0.4.

2009, c. 1, s. 2.