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R-15.1 - Supplemental Pension Plans Act
Section 92
Disposition versions
92. Every member or spouse who has become entitled to a pension under a pension plan is entitled, under conditions prescribed by regulation, to replace the pension by a life or temporary pension, purchased under a contract, the amount of which may vary each year. The pension may also, in the cases determined by regulation, be replaced in whole or in part by a lump-sum payment.
In addition, every member or spouse at least 55 years of age is entitled to replace, under conditions prescribed by regulation, all or part of the pension to which the member or spouse has become entitled by a payment in one or more instalments out of a pension plan prescribed by regulation.
92. Every member or spouse who has become entitled to a pension under a pension plan is entitled, under conditions prescribed by regulation, to replace the pension by a life or temporary pension, purchased under a contract, the amount of which may vary each year. The pension may also, in the cases determined by regulation, be replaced in whole or in part by a lump-sum payment.
92. Every member or spouse who has become entitled to a pension under a pension plan is entitled, under conditions prescribed by regulation, to replace the pension by a life or temporary pension, purchased under a contract, the amount of which may vary each year. The pension may also, in the cases determined by regulation, be replaced by a lump-sum payment.
92. Every member or spouse who has become entitled to a pension under a pension plan is entitled, in the cases and on the conditions prescribed by regulation, to replace that pension by another life pension the amount of which may vary annually, and established on the basis of methods, assumptions, rules or factors prescribed by regulation.
