R-15.1 - Supplemental Pension Plans Act

Full text
230.1.1. (Replaced).
2000, c. 41, s. 138; 2015, c. 29, s. 62.
230.1.1. Where the value of the assets of a pension plan at the date of termination does not exceed the value of its liabilities at that date, any surplus assets that develop after that date shall, notwithstanding section 230.1, be allocated by operation of law to the members and beneficiaries and distributed among them proportionately to the value of their accrued benefits.
2000, c. 41, s. 138.