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S.M. 2017, c. 3
Bill 3, 2 nd Session, 41st Legislature
The Pooled Registered Pension Plans (Manitoba) Act
| DEFINITIONS AND APPLICATION | ||
| 1 | Definitions | |
| 2 | Jurisdiction of employment | |
| 3 | Application of this Act | |
| 4 | (1) | Application of federal Act |
| (2) | Substituted expressions | |
| (3) | Federal provisions that do not apply | |
| (4) | Reference to "this Act" in applied Act | |
| (5) | Reference to regulations | |
| SUPERINTENDENT | ||
| 5 | (1) | Powers of superintendent |
| (2) | Acting superintendent | |
| (3) | Delegation | |
| RECONSIDERATION, REVIEW, OBJECTIONS AND APPEALS | ||
| 6 | (1) | Multilateral agreement — reconsideration, review or appeal of decision of superintendent |
| (2) | Multilateral agreement — reconsideration, review or appeal of decision of other supervisory authority | |
| 7 | (1) | Appeal to commission |
| (2) | Notice of appeal | |
| (3) | Rules of procedure | |
| (4) | Superintendent has standing | |
| (5) | Commission's response | |
| (6) | Notice of decision | |
| 8 | (1) | Appeal to Court of Appeal |
| (2) | Application for leave deadline | |
| (3) | Service of application and notice of appeal | |
| (4) | Standing of superintendent and commission | |
| (5) | Order on appeal | |
| (6) | Commission may make further decision | |
| (7) | Effective date of commission's decision | |
| JOINT LIFE ANNUITY | ||
| 9 | (1) | Entitlement to joint life annuity |
| (2) | Exceptions | |
| (3) | Minimum annuity payments for survivor | |
| (4) | Waiver of joint life annuity | |
| (5) | Revoking waiver | |
| WITHDRAWAL OF FUNDS | ||
| 10 | (1) | Right to withdraw funds — disability |
| (2) | Consent required | |
| (3) | Funds payable on a division | |
| 11 | Right to withdraw funds — small PRPP account balance | |
| PROTECTION OF FUNDS | ||
| 12 | (1) | Protection of PRPP funds |
| (2) | Exception — division on breakdown of relationship | |
| DIVISION ON BREAKDOWN OF | ||
| RELATIONSHIP | ||
| 13 | (1) | Division on breakdown of relationship |
| (2) | Division to be made in accordance with regulations | |
| (3) | Recipient's funds to remain locked in | |
| 14 | (1) | Application for order to divide PRPP funds |
| (2) | Application deadline | |
| (3) | Court order | |
| 15 | (1) | Agreement not to divide PRPP funds |
| (2) | Waiver of entitlement after member's death | |
| DEATH OF MEMBER | ||
| 16 | (1) | Entitlement of designated beneficiary |
| (2) | Waiver of survivor entitlement | |
| (3) | Revocation of waiver | |
| GENERAL PROVISIONS | ||
| 17 | Offence — court may order compliance | |
| 18 | Protection from liability | |
| 19 | (1) | Regulations |
| (2) | Incorporation by reference | |
| (3) | Adoption of standard, code or rule | |
| CONSEQUENTIAL AND RELATED AMENDMENTS | ||
| 20 | C.C.S.M. c. F20 amended | |
| 21 | (1) | C.C.S.M. c. F25 amended |
| (2) | ||
| (3) | ||
| (4) | ||
| 22 | (1) | C.C.S.M. c. G20 amended |
| (2) | ||
| (3) | ||
| (4) | ||
| (5) | ||
| (6) | ||
| (3) | Credit or funds bound when order served | |
| (7) | ||
| (8) | ||
| (4.1) | Entitlement to funds in PRPP account | |
| (9) | ||
| (10) | ||
| (11) | ||
| (12) | ||
| (8) | Payment within 90 days | |
| (13) | ||
| (9) | Garnishment available despite other Act or plan provision | |
| (14) | ||
| (15) | ||
| (16) | ||
| (17) | ||
| (18) | ||
| (19) | ||
| (20) | ||
| 23 | C.C.S.M. c. M225 amended | |
| 24 | C.C.S.M. c. P32 amended | |
| 25 | (1) | C.C.S.M. c. P250 amended |
| (2) | ||
| (3) | ||
| C.C.S.M. REFERENCE AND COMING INTO FORCE | ||
| 26 | C.C.S.M. reference | |
| 27 | Coming into force | |