R-15.1, r. 7 - Regulation respecting the exemption of certain categories of pension plans from the application of provisions of the Supplemental Pension Plans Act

Section 42 Disposition versions

2012-09-01

42. The following provisions of the Act apply to a connected pension plan, subject to the following changes:

(1)  section 60, by adding the words “on the date on which his period of continuous membership ends” after the word “benefit”, in paragraph 1 of the first paragraph and replacing the words “where the member dies before becoming entitled to a pension benefit” with the words “where the member’s death ends his period of continuous membership”, in subparagraph 2 of the first paragraph;

(2)  section 60.1, by replacing the words “who ceases to be an active member” with the words “whose period of active membership ends”, in the first paragraph, the words “the date the member ceases to be an active member” with the words “the date the member’s period of continuous membership ends”, in the first sentence of the second paragraph, the words “the month the member ceases to be an active member” with the words “the month the member’s period of continuous membership ends”, in the second sentence of the second paragraph and by replacing the third paragraph with the following paragraph:

Where the member’s death ends his period of continuous membership, the value of the additional pension benefit shall be determined by supposing that the said period ended on the day of death for a reason other than death.;

(3)  section 61, by replacing the word “vesting” with the words “the period of the member’s continuous membership ends”;

(4)  section 66, by replacing the words “who ceases to be an active member” with the words “whose period of continuous membership ends”, and the words “in which the member ceases to be an active member” and “the date on which the member ceased to be an active member” with the words “the date on which his period of continuous membership ended”;

(5)  section 66.1, by replacing the words “who has ceased to be an active member and whose period of continuous employment has” with the words “whose period of continuous membership and period of continuous employment have”;

(6)  section 67, by replacing the words “who ceases to be an active member” with the words “whose period of continuous membership has ended”;

(7)  the second paragraph of section 71, by adding, after the words “continuous employment,” the words “provided his period of continuous membership has ended”;

(8)  section 86, by replacing paragraphs 1 and 2 of the first paragraph with the following paragraphs:

“(1)  where the members death is subsequent to the date his period of continuous membership ends, to the value of any pension to which he was entitled prior to his death;

“(2)  where the member’s death ends his period of continuous membership, to the value of the deferred pension to which he would have been entitled if his period of continuous membership had ended on the day of death for a reason other than death.”;

(9)  subparagraph 2 of the second paragraph of section 99, by replacing the words “the member ceased to be an active member” by the words “the member’s period of continuous membership has ended”;

(10)  subparagraph 3 of the second paragraph of section 99, by replacing the words “who ceased to be an active member,” with the words “whose period of continuous membership has ended”;

(11)  section 102, by replacing the words “who ceases to be an active member” with the words “whose period of continuous membership has ends”;

(12)  section 113, by replacing the words “that a member ceased to be an active member,” with the words “that a member’s period of continuous membership has ended,”.

O.C. 1151-2002, s. 29.