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  1. Pooled Registered Pension Plans Regulations - SOR/2012-294 (SCHEDULE)

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    • 3 Certification

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      I own the plan(s) identified in section 2. On the day on which I sign this certification (select all that apply)

      (a) My total expected income for the calendar year, determined in accordance with the Income Tax Act (excluding the withdrawal referred to in item G of the table to section 4 and any withdrawal made under paragraph 38(1)(e), 39(1)(f), 40(1)(k) or 41(1)(k) of the Pooled Registered Pension Plans Regulations within the last 30 days before the day on which this certification is made), is $.
      My total expected income for the calendar year, determined in accordance with the Income Tax Act (excluding the withdrawal referred to in item G of the table to section 4 and any withdrawal made under paragraph 38(1)(e), 39(1)(f), 40(1)(k) or 41(1)(k) of the Pooled Registered Pension Plans Regulations within the last 30 days before the day on which this certification is made) is less than 75% of the Year’s Maximum Pensionable Earnings as defined in the Pooled Registered Pension Plans Act.

    • 4 Amount Sought for Withdrawal

      A Expected income in this calendar year, determined in accordance with the Income Tax Act $
      C 50% of the Year’s Maximum Pensionable Earnings as defined in the Pooled Registered Pension Plans Act. $
      Enter amount from D(iv) if that amount is greater than zero otherwise enter “0” $
      E(iv) If E(i) is greater than or equal to E(iii) enter E(i), otherwise enter “0” $

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    • 3 Certification of applicant

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      (a) I do not have a spouse or common-law partner, as defined in subsection 2(1) of the Pooled Registered Pension Plans Act.
      (b) I have a spouse or common-law partner, as defined in subsection 2(1) of the Pooled Registered Pension Plans Act and my spouse or common-law partner consents to the withdrawal of the amount specified above from the locked-in plan(s) identified in item 2. (If you check this box, your spouse or common-law partner must complete the Certification of Spouse or Common-law Partner in item 6 below.)

    • 4 Acknowledgements

      I understand that when funds are withdrawn or transferred from any locked-in plan, the funds may lose the creditor protection provided by the Pooled Registered Pension Plans Act and the Pooled Registered Pension Plans Regulations.

      I understand that when funds are withdrawn or transferred from any locked-in plan, the funds may be taxable under the Income Tax Act or other legislation.

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    • 6 Certification of Spouse or Common-law Partner

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      I understand that

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    • 3 Certification

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      The total value of all of the locked-in plan(s) identified in item 2 is less than 50% of the Year’s Maximum Pensionable Earnings as defined in the Pooled Registered Pension Plans Act.


  2. Pooled Registered Pension Plans Regulations - SOR/2012-294 (Section 21)
    Marginal note:Condition

    • 21 (1) A member may set a contribution rate of 0% if 12 months have elapsed since the member’s contributions to the PRPP began.

    • Marginal note:Duration

      (2) The rate may be set at 0% for a period of 3 to 60 months. There is no limit on the number of times that the rate may be set at 0%.

    • Marginal note:Contents of notice

      (3) The notice to be provided to the administrator under subsection 45(2) of the Act must be in writing and include

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      • (b) the period for which the contribution rate is to be set at 0%.

    • (4) The administrator must

      • (a) no more than 60 days after the day on which the administrator is notified under subsection 45(2) of the Act

        • (i) provide the member with written confirmation of when the contribution rate will be set at 0% and when contributions will resume, and

        • (ii) ensure that the member’s contribution rate is set at 0%; and


  3. Pooled Registered Pension Plans Regulations - SOR/2012-294

    0% Contribution Rate


  4. Pooled Registered Pension Plans Regulations - SOR/2012-222

    0% Contribution Rate

    [Repealed, SOR/2012-294, s. 50]


  5. Pooled Registered Pension Plans Regulations - SOR/2012-294 (Section 6.2)
    Marginal note:Prescribed supervisory authorities

    6.2 The following supervisory authorities are prescribed for the purposes of the Act:

    • (a) for Ontario, the Superintendent of Financial Services appointed under section 5 of the Financial Services Commission of Ontario Act, 1997, S.O. 1997, c. 28;

    • (a.1) for Quebec, the Autorité des marchés financiers established under section 1 of An Act respecting the Autorité des marchés financiers, CQLR, c. A-33.2;

    • (b) for Nova Scotia, the Superintendent of Pooled Registered Pension Plans appointed under section 6 of the Pooled Registered Pension Plans Act, S.N.S. 2014, c. 37;

    • (b.1) for New Brunswick, the Superintendent of Pooled Registered Pension Plans appointed under paragraph 18(2)(e.1) of the Financial and Consumer Services Commission Act, S.N.B. 2013, c. 30;

    • (c) for Manitoba, the Superintendent of Pensions employed under subsection 7(1) of The Pension Benefits Act, C.C.S.M. c. P32;

    • (c.1) for British Columbia, the Superintendent of Pensions appointed under section 4 of the Pension Benefits Standards Act, S.B.C. 2012, c. 30; and

    • (d) for Saskatchewan, the Superintendent of Pooled Registered Pension Plans appointed under section 5 of the Pooled Registered Pension Plans (Saskatchewan) Act, S.S. 2013, c. P-16.101.

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