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S-2.1.1 - Act to foster the financial health and sustainability of municipal defined benefit pension plans

Section 25
Disposition versions

Full text
25. Negotiations between municipal bodies and active members must be undertaken not later than 1 February 2015 with a view to reaching an agreement for the amendment of the pension plan in accordance with this Act.
Not later than 15 January 2015, the municipal body sends every association representing active members concerned by the plan a written notice of not less than 8 nor more than 15 days stating the date, time and place its representatives will be ready to meet the association’s representatives.
A copy of the notice is sent to the Minister. Failing such a notice, negotiations are deemed to have begun on 1 February 2015.
2014, c. 15, s. 25.
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