.png){kind=small}
C.C.S.M. c. P32
The Pension Benefits Act
| 1 | (1) | Definitions |
| (2) | ||
| (3) | Surviving common-law partner | |
| 2 | Province of employment | |
| 3 | Conflict with other Acts | |
| PART I | ||
| PENSION COMMISSION | ||
| 4 | (1) | Commission continued |
| (2) | Appointment of members | |
| 5 | (1) | Chairman and vice-chairman |
| (2) | Absence of chairman and vice-chairman | |
| 6 | Quorum | |
| 7 | (1) | Staff |
| (2) | Chief administration officer | |
| 8 | (1) | Inspection powers of superintendent |
| (2) | Grounds for order | |
| (3) | Contents of order | |
| (4) | Administration expenses | |
| (5) | Service on affected person | |
| (6) | Appeal to commission | |
| (7) | Statement of appeal | |
| (8) | Hearing by commission | |
| (9) | Appellant may attend hearing | |
| (10) | Powers of commission on appeal | |
| (11) | Appeal from commission | |
| 9 | Liability of commission and staff | |
| 10 | (1) | Duties and functions of the commission |
| (2) | Delegation of powers and duties of commission | |
| 11 | (1) | Reciprocal agreements re administration of pension plans |
| (2) | Existing agreements | |
| (3) | Reciprocal agreements re application of laws | |
| (4) | Effective date of laws | |
| (5) | Public notice of reciprocal agreements re laws | |
| 12 | Audit | |
| 13 | (1) | Annual report |
| (2) | Tabling report | |
| 14 | Actions for deducting amounts | |
| 15 | Certain agreements void | |
| 16 | Pension agency | |
| 17 | (1) | Definitions |
| (2) | Effect of designation of successor to beneficiary | |
| (3) | Alteration of designations | |
| (4) | Where Insurance Act applies | |
| PART II | ||
| 18 | (1) | Registration of plans established before July 1, 1976 |
| (2) | Registration of plans established after July 1, 1976 | |
| (2.1) | New plan established after June 24, 1992 | |
| (3) | Filing of supplemental plans | |
| (4) | Annual return | |
| (5) | Where employer not involved with administering plan | |
| 19 | Acceptance for registration | |
| 20 | Procedure on refusal to register | |
| 21 | (1) | Requirements respecting deferred life annuities |
| (1.1) | Amount of pension payable | |
| (2) | Requirements respecting deferred life annuities for 1985 | |
| (2.1) | Amount of pension payable | |
| (2.2) | Entitlement on winding up of plan | |
| (2.3) | Exemption from clauses (1)(b) and (2)(b) | |
| (3) | No surrender or commutation | |
| (4) | Exceptions to subsecs. (1), (2) and (3) | |
| (5) | Partial commutation permitted | |
| (6) | Alternative settlements | |
| (7) | Normal retirement age | |
| (8) | Vesting on retirement at normal retirement age | |
| (9) | Continuing after retirement age | |
| (10) | Early retirement provision | |
| (11) | Employee's share of deferred life annuity | |
| (12) | Effect of temporary suspension of employment | |
| (13) | Transfer to retirement savings plan | |
| (13.1) | Life income fund | |
| (14) | Integration with government plan | |
| (15) | Prohibition against reductions in pension | |
| (16) | Reduction for C.P.P. and O.A.S. | |
| Formula | ||
| (17) | Reduction for OAS prohibited | |
| (18) | Discrimination based on sex prohibited | |
| (19) | Compulsory eligibility and membership | |
| (20) | Exemption | |
| (21) | Winding up plan | |
| (22) | Determination of benefits on winding up of plan | |
| (23) | Reduction of additional benefits | |
| (24) | Formula for contributions and benefits | |
| (25) | Benefit not to be less than contributions | |
| (26) | Death of member | |
| (27) | Eligibility for benefits after resuming cohabitation | |
| 21.1 to 21.3 | ||
| 21.4 | (1) | "Registered retirement income fund" defined |
| (2) | One-time transfer to RRIF | |
| (3) | Application for transfer | |
| (4) | Maximum amount for transfer | |
| (5) | Consent of cohabiting spouse or common-law partner | |
| 21.5 | ||
| 22 | Refunds | |
| 23 | (1) | Joint pensions |
| (2) | Actuarial reduction for joint pension | |
| (3) | Waiver of joint pension | |
| (4) | Exemption for persons separated | |
| (5) | "Member" includes former member | |
| (6) | Benefit under division of assets | |
| 24 | No termination of survivor benefits | |
| 25 | (1) | Rate of interest on defined benefit pension plan |
| (2) | Consistent methods of calculating interest | |
| (3) | Interest on other plans | |
| 26 | (1) | Funding and solvency of plans |
| (2) | Restriction on payments out of plan | |
| (2.1) | Conditions for payment of surplus to employer | |
| (2.2) | Application to court | |
| (2.3) | Maximum surplus payable | |
| (3) | Liability on winding up of plan | |
| (4) | Notification of termination of plan | |
| (5) | No reduction of credits | |
| 26.1 | (1) | Definitions |
| (2) | Designation of multi-unit pension plan | |
| (3) | Opting out of multi-unit plan | |
| (4) | Board of trustees | |
| (5) | Transfer to another plan | |
| (6) | Service credits | |
| (7) | Vesting of contributions | |
| (8) | Refund of contributions | |
| (9) | Forfeiture of benefit credit | |
| (10) | Liability of employer limited | |
| (11) | Required provisions in multi-unit plans | |
| 27 | Contents of plan | |
| 28 | (1) | Trust for contributions |
| (2) | Payroll deductions | |
| (3) | Employer's contributions in trust | |
| (4) | Enforcement of trust | |
| (5) | Payment of trust moneys | |
| (6) | Notice to be given of any late payment by employer | |
| (7) | Definitions | |
| 28.1 | (1) | Meaning of "administrator" |
| (2) | Care, diligence and skill | |
| (3) | Special knowledge and skill | |
| (4) | Application of subsection (3) | |
| (5) | Conflict of interest | |
| (6) | Employment of agent | |
| (7) | Responsibility for agent | |
| (8) | Employee or agent | |
| (9) | Benefit by administrator | |
| (10) | Member of pension committee | |
| (11) | Payment to agent | |
| 29 | Information by employers | |
| 30 | Inspection of plan by members | |
| 31 | (1) | Protection of pension money |
| (1.1) | Exceptions | |
| (2) | Division of pension benefits on breakup | |
| (3) | Effective date of subsection (2) | |
| (3.1) | ||
| (4) | Transfer of family property portions | |
| (5) | ||
| (6) | Married and common-law — opting out | |
| (7) | ||
| (8) | Filing of agreement | |
| 31.1 | Garnishment of pension benefit credits | |
| 32 | (1) | Establishment of advisory committees |
| (2) | Purposes of committee | |
| (3) | Limitation on committee's powers | |
| 33 | (1) | Declaration by commission as to winding up of plan |
| (2) | Notice of declaration | |
| (3) | Objection to winding up | |
| 34 | (1) | Continuation of benefits with successor employer |
| (2) | Re-employment not termination of membership | |
| (3) | Service deemed continuous | |
| 35 | (1) | Objection to refusal to register, etc. |
| (2) | Service of notice of objection | |
| (3) | Review on objection | |
| 36 | (1) | Appeal to Court of Appeal |
| (2) | Filing appeal | |
| (3) | Copies to superintendent | |
| (4) | Relevant material to be sent to court | |
| (5) | Disposal of appeal | |
| (6) | Effect of decision | |
| PART III | ||
| 37 | Regulations | |
| 38 | (1) | Penalty |
| (2) | Court to order restitution | |
| (2.1) | Order of restitution may be filed in Q.B. | |
| (3) | Liability of officers of corporation, etc. | |
| (4) | Limitation period | |
| 38.1 | Compliance with other Acts | |
| 39 and 40 | ||