(a) the minimum open group funded ratio at the valuation date to be maintained in the shared risk plan before benefit improvements may be granted, which funded ratio shall be at least 105%; and

(b) the portion of the funding excess above the open group funded ratio referred to in paragraph (a) that may be used to provide benefit improvements, which portion shall not exceed 20% of the funding excess between 105% and 140% on an open group funded ratio, unless it can be demonstrated to the satisfaction of the Superintendent that the risk management goals referred to in section 7 may be met.

(a) as a first priority and with respect to future payments, the reversal of any reduction of past base benefits and future base benefits that has not been reversed;

(b) as a second priority and with respect to future payments, the reversal of any reduction of past ancillary benefits and future ancillary benefits that has not been reversed;

(c) as a third priority and with respect to future payments, for a shared risk plan provided for in paragraph 7(3)(a), escalated adjustments and any other ancillary benefits that were affected by the conversion to a shared risk plan; and

(d) as a fourth priority, the funding excess utilization actions provided for in the funding policy.

(a) improvement of ancillary benefits above the base level specified in the funding policy;

(b) reduction of contributions as specified in the funding policy;

(c) a reserve allocation sufficient to cover projected costs of granting up to ten years of ancillary benefits as described in the funding policy;

(d) if the improvement is allowed under the Income Tax Act (Canada) for the majority of the members, improvement of past base benefits and future base benefits by an amount that does not exceed 10% of the amount of those benefits;

(e) further reduction of contributions such that the maximum contributions allowed under the Income Tax Act (Canada) are not exceeded;

(f) a permanent benefit change;

(g) a retroactive reversal of any reduction of past base benefits; and

(h) any other action acceptable to the Superintendent.

(a) the minimum open group funded ratio at the valuation date to be maintained in the shared risk plan before benefit improvements may be granted, which funded ratio shall be at least 105%; and

(b) the portion of the funding excess above the open group funded ratio referred to in paragraph (a) that may be used to provide benefit improvements, which portion shall not exceed 20% of the funding excess between 105% and 140% on an open group funded ratio, unless it can be demonstrated to the satisfaction of the Superintendent that the risk management goals referred to in section 7 may be met.

(a) as a first priority and with respect to future payments, the reversal of any reduction of past base benefits and future base benefits that has not been reversed;

(b) as a second priority and with respect to future payments, the reversal of any reduction of past ancillary benefits and future ancillary benefits that has not been reversed;

(c) as a third priority and with respect to future payments, for a shared risk plan provided for in paragraph 7(3)(a), escalated adjustments and any other ancillary benefits that were affected by the conversion to a shared risk plan; and

(d) as a fourth priority, the funding excess utilization actions provided for in the funding policy.

(a) improvement of ancillary benefits above the base level specified in the funding policy;

(b) reduction of contributions as specified in the funding policy;

(c) a reserve allocation sufficient to cover projected costs of granting up to ten years of ancillary benefits as described in the funding policy;

(d) if the improvement is allowed under the Income Tax Act (Canada) for the majority of the members, improvement of past base benefits and future base benefits by an amount that does not exceed 10% of the amount of those benefits;

(e) further reduction of contributions such that the maximum contributions allowed under the Income Tax Act (Canada) are not exceeded;

(f) a permanent benefit change;

(g) a retroactive reversal of any reduction of past base benefits; and

(h) any other action acceptable to the Superintendent.