Acts and Regulations

P-5.1 - Pension Benefits Act

Section 23
Disposition versions

Full text
Information to person who will be eligible or is required to become a member
23(1)The administrator of a pension plan shall provide in writing to each person who will be eligible or is required to become a member of the pension plan
(a) an explanation of the provisions of the plan that apply to the person,
(b) an explanation of the person’s rights and obligations in respect of the pension plan, and
(c) any other prescribed information.
23(2)The administrator shall provide the information mentioned in subsection (1)
(a) to each person who becomes a member within the prescribed period of time after the date on which the pension plan is established,
(b) to a person who is likely to become eligible to become a member of the pension plan, within the prescribed period of time before the date on which the person is likely to become eligible, and
(c) to each person who becomes eligible to become a member of the pension plan upon becoming employed by the employer, within the prescribed period of time after the date on which the person becomes so employed.
23(3)The employer shall transmit to the administrator the information necessary to enable the administrator to comply with subsection (2) and shall transmit the information in sufficient time to enable the administrator to comply with the time limits set out in that subsection.