R-15.1 - Supplemental Pension Plans Act

Section 88.1 Disposition versions

2001-01-01

88.1. The spouse of a member may waive the rights conferred by this subdivision by transmitting to the pension committee a statement containing the information prescribed by regulation. The spouse may also revoke the waiver provided the committee is notified in writing before the member’s death or, in the case of the pension referred to in the second paragraph of section 87, before the first payment of the member’s pension.

A waiver under this section does not entail a waiver of the rights which may devolve upon the spouse as the member’s successor. In addition, notwithstanding such a waiver, the pension plan is deemed, for the purposes of article 415 of the Civil Code, to be governed by an Act which grants a right to death benefits to the surviving spouse.

2000, c. 41, s. 51.