The Pension Benefits Amendment Act

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S.M. 2000, c. 53

THE PENSION BENEFITS AMENDMENT ACT


 

(Assented to December 15, 2000)

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:

C.C.S.M. c. P32 amended

1

The Pension Benefits Act is amended by this Act.

2

Subsection 21(11) is amended

(a) in the section heading, by striking out "Employers" and substituting "Employee's"; and

(b) in the subsection,

(i) by striking out "not less than ½ of the commuted value of any deferred life annuity provided in accordance with clause (2)(a) shall be provided by the contributions to the plan by the employer and", and

(ii) by adding "or her" after "his" in the English version.

Coming into force

3

This Act comes into force on the day it receives royal assent.