Acts and Regulations

P-5.1 - Pension Benefits Act

Full text
Definitions
2012, c.38, s.4
100.2The following definitions apply in this Part.
“ancillary benefit” means a benefit referred to in section 100.51.(prestation accessoire)
“base benefit” means the total amount of all benefits paid or payable, including all vested base benefits as at the relevant date and all vested ancillary benefits as at the relevant date.(prestation de base)
“shared risk plan” means the form of a defined benefit plan provided for under this Part and the regulations.(régime à risques partagés)
“termination value” means the value of a base benefit calculated in the manner prescribed by regulation and as of a fixed date.(valeur de terminaison)
“vested ancillary benefit” means an ancillary benefit for which a member has met all eligibility requirements.(prestation accessoire dévolue)
“vested base benefit” means a benefit other than an ancillary benefit for which a member or a former member is receiving a pension or for which a member would have received a pension if he or she had retired at the relevant date, including base benefits that arise as a result of the conversion of a pension plan to a shared risk plan as of the conversion date.( prestation de base dévolue)
2012, c.38, s.4; 2012, c.57, s.1; 2017, c.47, s.2
Definitions
2012, c.38, s.4
100.2The following definitions apply in this Part.
“ancillary benefit” means a benefit referred to in section 100.51.(prestation accessoire)
“base benefit” means the total amount of all benefits paid or payable, including all vested base benefits as at the relevant date and all vested ancillary benefits as at the relevant date.(prestation de base)
“shared risk plan” means the form of a defined benefit plan provided for under this Part and the regulations.(régime à risques partagés)
“termination value” means the value of a base benefit calculated in the manner prescribed by regulation and as of a fixed date.(valeur de terminaison)
“vested ancillary benefit” means an ancillary benefit for which a member is receiving a pension or for which a member would have received a pension if he or she had retired at the relevant date.(prestation accessoire dévolue)
“vested base benefit” means a benefit other than an ancillary benefit for which a member or a former member is receiving a pension or for which a member would have received a pension if he or she had retired at the relevant date, including base benefits that arise as a result of the conversion of a pension plan to a shared risk plan as of the conversion date.( prestation de base dévolue)
2012, c.38, s.4; 2012, c.57, s.1
Definitions
2012, c.38, s.4
100.2The following definitions apply in this Part.
“ancillary benefit” means a benefit referred to in section 100.51.(prestation accessoire)
“base benefit” means the total amount of all benefits paid or payable, including all vested ancillary benefits as at the relevant date.(prestation de base)
“shared risk plan” means the form of a defined benefit plan provided for under this Part and the regulations.(régime à risques partagés)
“termination value” means the value of a base benefit calculated in the manner prescribed by regulation and as of a fixed date.(valeur de terminaison)
“vested ancillary benefit” means an ancillary benefit for which a member is receiving a pension or for which a member would have received a pension if he or she had retired at the relevant date.(prestation accessoire dévolue)
2012, c.38, s.4