Acts and Regulations

P-5.1 - Pension Benefits Act

Full text
Change of benefits and contributions
2012, c.38, s.4
100.53Despite section 12, the Local Governance Act and the regulations under that Act and any contract or trust, including a document that creates or supports a pension plan or pension fund, an administrator may, in accordance with the funding policy for the shared risk plan,
(a) increase, reduce or suspend the contributions to the plan,
(b) increase or reduce the base benefits, and
(c) increase or reduce the ancillary benefits.
2012, c.38, s.4; 2012, c.57, s.3; 2017, c.20, s.129
Change of benefits and contributions
2012, c.38, s.4
100.53Despite section 12, the Municipalities Act and the regulations under that Act and any contract or trust, including a document that creates or supports a pension plan or pension fund, an administrator may, in accordance with the funding policy for the shared risk plan,
(a) increase, reduce or suspend the contributions to the plan,
(b) increase or reduce the base benefits, and
(c) increase or reduce the ancillary benefits.
2012, c.38, s.4; 2012, c.57, s.3
Change of benefits and contributions
2012, c.38, s.4
100.53Despite section 12, an administrator may, in accordance with the funding policy for the shared risk plan,
(a) increase, reduce or suspend the contributions to the plan,
(b) increase or reduce the base benefits, and
(c) increase or reduce the ancillary benefits.
2012, c.38, s.4