Administrator of pension plan in relation to eligibility of plan for registration
9(1)A pension plan is not eligible for registration unless it is administered by an administrator who is
(a)
the employer or employers,
(b)
a pension committee composed of one or more representatives of the employer or employers and one or more representatives of members of the pension plan,
(c)
a pension committee composed of representatives of members of the pension plan,
(d)
the insurance company that provides the pension benefits under the pension plan, if all the pension benefits under the plan are guaranteed by the insurance company,
(e)
if the pension plan is a multi-employer pension plan established pursuant to a collective agreement, a board of trustees appointed pursuant to the pension plan or a trust agreement establishing the pension plan of whom at least one-half are representatives of members of the multi-employer pension plan, or
(f)
a person, board, agency or commission made responsible by an Act of the Legislature for the administration of the pension plan.
9(2)A pension committee or a board of trustees that is the administrator of a pension plan may include representatives of former members.