54.1(1)If a pension plan contains a defined benefit provision, the administrator may establish a reserve account for the defined benefit portion of the plan.
54.1(2)Contributions to a reserve account are limited to the following:
(a)
payments made in respect of a solvency deficiency; and
(b)
prescribed contributions.
54.1(3)Despite subsection (2), assets shall not be transferred from an account in a pension fund to the reserve account.