Acts and Regulations

P-5.1 - Pension Benefits Act

Full text
Information re termination or cessation of membership
26(1)If a member of a pension plan terminates employment with the employer or otherwise ceases to be a member, the administrator of the pension plan shall, within thirty days after the date of termination or cessation of membership, give to the member, or to any other person who as a result becomes entitled to a payment under the pension plan, a written statement setting out the prescribed information in respect of the benefits, rights and obligations of the member or other person.
26(2)Subsection (1) applies in respect of a multi-employer pension plan if a member ceases to be a member, but does not apply where a member terminates employment with an employer but continues to be a member.