Amendments requiring the authorization or approval of Retraite Québec
The plan administrator must obtain the Retraite Québec's authorization or approval to give effect to the amendments below:
Type of amendment | Supplemental Pension Plans Act reference |
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Amendment reducing benefits retroactively | section 20 |
Plan conversion | section 22 |
Substitution of an employer party to the plan | section 22 |
Non-uniform employer contribution rate or percentage | section 41 |
Employer contributions or benefits that vary according to the number of years of employment or credited service | section 57 |
Actuarial assumptions determined by the plan | section 61 |
Pension supplement not included in a deferred pension | section 68 |
A fiscal year for a plan that is other than 12 months in length | section 160 |
Division of the plan's assets and liabilities | sections 194 and 195 |
Merger of the assets and liabilities of several plans | sections 194 and 196 |
Withdrawal of an employer | section 198 |
Note that...
In all cases, the administrator must indicate the type of amendment in the application for registration of an amendment to a pension plan.
Amending an SIPP
The contents of this page do not apply to simplified pension plans (SIPPs). Find out more about amending an SIPP.