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Assessment of Pension Plans Regulations

Version of section 1 from 2011-12-31 to 2016-10-20:

  •  (1) The following definitions apply in these Regulations.

    Act

    Act means the Office of the Superintendent of Financial Institutions Act; (Loi)

    beneficiary

    beneficiary means a member, a survivor, a person who has either ceased membership in a pension plan or retired and any other person who is entitled to pension benefits and has not, before the termination of the plan, transferred their pension benefit credit under section 26 of the Pension Benefits Standards Act, 1985 or purchased an immediate or deferred life annuity. (bénéficiaire)

    number of beneficiaries

    number of beneficiaries means the total number of beneficiaries

    plan

    plan means a registered pension plan and a pension plan that has been filed for registration under section 10 of the Pension Benefits Standards Act, 1985. (régime)

  • (2) The expressions cessation of membership, member, plan year, survivor, termination and winding-up have the same meaning as in subsection 2(1) of the Pension Benefits Standards Act, 1985.


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