Acts and Regulations

91-195 - General

Full text
Formation
12(1)Within thirty days after the registration of a pension plan, the administrator shall give written notice to all members of the plan who have the right to vote to the effect that they may form an advisory committee by a majority vote.
12(2)An administrator may give notice under subsection (1) to members of a plan who are represented by a trade union by giving written notice to the trade union.
12(3)A notice under subsection (1) or (2) shall contain a list of the purposes of the advisory committee and of its entitlements under section 22 of the Act.
12(4)The advisory committee of each pension plan shall include at least three members of the plan.