R-15.1 - Supplemental Pension Plans Act

Section 288.3 Disposition versions

2016-01-01

288.3. If contributions paid before 1 January 2016 were, in accordance with the plan, the subject of special monitoring to allow for the subsequent appropriation or allocation of surplus assets, those contributions must be recorded in accordance with section 42.2 as of that date. The special monitoring must be shown in the actuarial valuation of the plan as at 31 December 2015.

2008, c. 21, s. 24; 2015, c. 29, s. 72.

2010-01-01

288.3. A letter of credit provided under section 288.1.1 or under paragraph 2 of section 5 of the Act respecting the funding of certain pension plans (2005, chapter 25) and in force on 1 January 2010 is deemed to have been provided under section 42.1. The second paragraph of section 42.1 does not invalidate such a letter of credit.

2008, c. 21, s. 24.