R-15.1 - Supplemental Pension Plans Act

Section 318.10 Disposition versions

2020-12-11

318.10. A target benefit pension plan that is subject to the Regulation respecting target-benefit pension plans in certain pulp and paper sector enterprises (chapter R-15.1, r. 6.1.01) must be brought into compliance with the provisions of this Act that relate to target benefit pension plans not later than 31 December 2023.

Section 146.44.2 applies to any amendment to the plan required for that purpose.

If, on 7 October 2020, the plan includes provisions referred to in paragraph 1 of section 146.47 or provisions allowing the termination, on the cessation of active membership, of the periodic increase of the pension referred to in section 146.48, those provisions may be maintained.

2020, c. 30, s. 86.