Acts and Regulations

P-5.1 - Pension Benefits Act

Section 99.95
Disposition versions

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Administration of pension plans during wind-up
99.95(1)On and after the effective date of the wind-up of either pension plan, for the purpose of improving the plan’s funded ratio, the administrator may
(a) receive money for the pension fund from any source, and
(b) invest up to 40% of the pension fund in equity shares.
99.95(2)A source from which money is received under paragraph (1)(a) shall not be considered a pension fund.
2010, c.13, s.1
Administration of pension plans during wind-up
99.95(1)On and after the effective date of the wind-up of either pension plan, for the purpose of improving the plan’s funded ratio, the administrator may
(a) receive money for the pension fund from any source, and
(b) invest up to 40% of the pension fund in equity shares.
99.95(2)A source from which money is received under paragraph (1)(a) shall not be considered a pension fund.
2010, c.13, s.1