146.5. On the expiry of the time for expressing opposition, the pension committee shall count the notices of opposition received.
If 30% or more of the members and beneficiaries are opposed to the proposed amendment, it is deemed rejected and cannot be made.
The pension committee shall immediately inform the employer concerned, as well as each of the plan members and beneficiaries and the person or body who may amend the pension plan, of the results.
2000, c. 41, s. 84; 2005, c. 5, s. 1; 2006, c. 42, s. 16; 2015, c. 29, s. 27.