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

Section 55 Disposition versions

2014-12-05

55. A municipal body must take measures to allow active members who are covered by a pension plan established by a collective agreement, but who are not represented by an association, as well as active members who are covered by a plan established otherwise than by a collective agreement, to submit observations on the proposed amendments to the plan.

If 30% or more of those active members object to the amendments, the amendments cannot be applied, unless a decision of the arbitrator so authorizes.

2014, c. 15, s. 55.