Acts and Regulations

P-5.1 - Pension Benefits Act

Full text
Sex of member not to be taken into account
46(1)The sex of a member, former member or other beneficiary under a pension plan shall not be taken into account in
(a) determining the amount of contributions required to be made by a member of the plan,
(b) determining the pension benefits or the commuted value of pension benefits that a member, former member or other beneficiary is or may become entitled to,
(c) the provision of eligibility conditions for membership, or
(d) the provision of ancillary benefits.
46(2)In order to comply with subsection (1), the administrator may
(a) use annuity factors that do not differentiate as to sex,
(b) provide for employer contributions that vary according to the sex of the employee, or
(c) use any prescribed method of calculation or valuation.
2002, c.12, s.21