Acts and Regulations

2012-75 - Shared Risk Plans

Full text
Prescribed time
19(1)For the purposes of subsection 100.5(11) of the Act,
(a) within one month after the date a deadlock referred to in subsection 100.5(10) of the Act occurs, the board of trustees shall notify the Superintendent of
(i) the deadlock, and
(ii) the dispute resolution process that the board of trustees is using to resolve the deadlock; and
(b) if the board of trustees fails to act within six months after the date the deadlock occurred, the Superintendent may commence to act under subsection 100.5(11) of the Act.
19(2)The time prescribed for the purposes of subsection 100.61(1) and section 100.64 of the Act is nine months after the valuation date.
19(3)The time prescribed for the purposes of subsection 100.62(4) of the Act is 90 days after the member or former member receives notice of his or her rights.
19(4)The documents referred to in subsection 100.7(1) of the Act shall be filed with the Superintendent at the same time as the actuarial valuation report.