R-15.1 - Supplemental Pension Plans Act

Section 230.0.0.3 Disposition versions

2020-12-11

230.0.0.3. A member or beneficiary affected by the withdrawal of an employer or the termination of a plan, to whom a pension is being paid on the date of withdrawal or termination and whose benefits are reduced by reason of insufficient assets, may request that his or her pension be guaranteed by an insurer or opt for one of the following payment methods:

(1)  the transfer of his or her benefits to a pension plan contemplated in section 98; or

(2)  the payment of a pension out of the assets administered by Retraite Québec under section 230.0.0.4.

2009, c. 1, s. 2; 2015, c. 20, a. 61; 2015, c. 29, s. 55; 2020, c. 30, s. 76.

2016-01-01

230.0.0.3. A member or beneficiary affected by the withdrawal of an employer or the termination of a plan, to whom a pension is being paid on the date of withdrawal or termination and whose benefits are reduced by reason of insufficient assets, may request that his or her pension be guaranteed by an insurer or choose a pension paid out of the assets administered by Retraite Québec under section 230.0.0.4.

2009, c. 1, s. 2; 2015, c. 20, a. 61; 2015, c. 29, s. 55.

2009-01-15

230.0.0.3. A member or beneficiary affected by the withdrawal of an employer or the termination of a plan, to whom a pension is being paid on the date of withdrawal or termination and whose benefits are reduced by reason of insufficient assets, may request that his or her pension be guaranteed by an insurer or choose one of the following methods for the payment of benefits:

(1)  a replacement pension purchased under section 92; or

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

2009, c. 1, s. 2.