O. Reg. 422/19: ASSET TRANSFERS UNDER SECTIONS 80 AND 81 OF THE ACT
filed December 11, 2019 under Pension Benefits Act, R.S.O. 1990, c. P.8Skip to content
ontario regulation 422/19
made under the
Pension Benefits Act
Made: October 25, 2019
Filed: December 11, 2019
Published on e-Laws: December 11, 2019
Printed in The Ontario Gazette: December 28, 2019
Amending O. Reg. 310/13
(ASSET TRANSFERS UNDER SECTIONS 80 AND 81 OF THE ACT)
1. (1) Subsection 7 (1) of Ontario Regulation 310/13 is amended by striking out “as that section read upon being revised on March 31, 2015” at the end and substituting “as amended from time to time”.
(2) Section 7 of the Regulation is amended by adding the following subsection:
(1.1) For a pension plan described in subsection 14 (2) or (3) of the Act, the actuarial methods and assumptions referred to in subsection (1) must be consistent with section 3500 of the Standards of Practice of the Actuarial Standards Board, published by the Canadian Institute of Actuaries, as amended from time to time, as if subsection 14 (1) of the Act applied in respect of the pension plan.