Acts and Regulations

P-5.1 - Pension Benefits Act

Full text
Immunity
2012, c.38, s.4
100.81(1)The Crown in right of the Province, the Minister, a person designated to act on behalf of the Minister, the Financial and Consumer Service Commission, the Superintendent or an administrator or any of their officers, directors, employees or members is not liable under this Act or the regulations if the Minister, person designated to act on behalf of the Minister, Financial and Consumer Services Commission, Superintendent or administrator or any of their officers, directors, employees or members exercised the care, diligence and skill that a reasonably prudent person would have exercised in comparable circumstances, including reliance in good faith on a report of a person whose profession lends credibility to a statement made by that person.
100.81(2)Despite 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, no cause of action, claim or demand arises and no action for damages or other proceeding shall be instituted against the Crown in right of the Province, the Minister, a person designated to act on behalf of the Minister, the Financial and Consumer Services Commission, the Superintendent, an administrator, a trustee, a board of trustees, an employer, a trade union that represents the members, an employee organization that is the bargaining agent of the members or any other person, board or committee with the right to amend a pension plan or any of their officers, directors, employees, members, agents or advisors in relation to
(a) a breach of any contract or trust, including a document that creates or supports a pension plan or pension fund, with respect to any matter referred to in subsections 100.52(1) to (4), or
(b) a breach of any legal duty or obligation with respect to any matter referred to in subsections 100.52(1) to (4).
2012, c.38, s.4; 2012, c.57, s.4; 2013, c.31, s.23; 2017, c.20, s.129
Immunity
2012, c.38, s.4
100.81(1)The Crown in right of the Province, the Minister, a person designated to act on behalf of the Minister, the Financial and Consumer Service Commission, the Superintendent or an administrator or any of their officers, directors, employees or members is not liable under this Act or the regulations if the Minister, person designated to act on behalf of the Minister, Financial and Consumer Services Commission, Superintendent or administrator or any of their officers, directors, employees or members exercised the care, diligence and skill that a reasonably prudent person would have exercised in comparable circumstances, including reliance in good faith on a report of a person whose profession lends credibility to a statement made by that person.
100.81(2)Despite 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, no cause of action, claim or demand arises and no action for damages or other proceeding shall be instituted against the Crown in right of the Province, the Minister, a person designated to act on behalf of the Minister, the Financial and Consumer Services Commission, the Superintendent, an administrator, a trustee, a board of trustees, an employer, a trade union that represents the members, an employee organization that is the bargaining agent of the members or any other person, board or committee with the right to amend a pension plan or any of their officers, directors, employees, members, agents or advisors in relation to
(a) a breach of any contract or trust, including a document that creates or supports a pension plan or pension fund, with respect to any matter referred to in subsections 100.52(1) to (4), or
(b) a breach of any legal duty or obligation with respect to any matter referred to in subsections 100.52(1) to (4).
2012, c.38, s.4; 2012, c.57, s.4; 2013, c.31, s.23
Immunity
2012, c.38, s.4
100.81(1)The Crown in right of the Province, the Minister, a person designated to act on behalf of the Minister, the Superintendent or an administrator or any of their officers, directors, employees or members is not liable under this Act or the regulations if the Minister, person designated to act on behalf of the Minister, Superintendent or administrator or any of their officers, directors, employees or members exercised the care, diligence and skill that a reasonably prudent person would have exercised in comparable circumstances, including reliance in good faith on a report of a person whose profession lends credibility to a statement made by that person.
100.81(2)Despite 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, no cause of action, claim or demand arises and no action for damages or other proceeding shall be instituted against the Crown in right of the Province, the Minister, a person designated to act on behalf of the Minister, the Superintendent, an administrator, a trustee, a board of trustees, an employer, a trade union that represents the members, an employee organization that is the bargaining agent of the members or any other person, board or committee with the right to amend a pension plan or any of their officers, directors, employees, members, agents or advisors in relation to
(a) a breach of any contract or trust, including a document that creates or supports a pension plan or pension fund, with respect to any matter referred to in subsections 100.52(1) to (4), or
(b) a breach of any legal duty or obligation with respect to any matter referred to in subsections 100.52(1) to (4).
2012, c.38, s.4; 2012, c.57, s.4
Immunity
2012, c.38, s.4
100.81The Crown in right of the Province, the Minister, a person designated to act on behalf of the Minister, the Superintendent or an administrator is not liable under this Part or the regulations if the Minister, person designated to act on behalf of the Minister, Superintendent or administrator exercised the care, diligence and skill that a reasonably prudent person would have exercised in comparable circumstances, including reliance in good faith on a report of a person whose profession lends credibility to a statement made by that person.
2012, c.38, s.4