O. Reg. 445/01: PENSION PLAN FOR BOARD EMPLOYEES

 

ontario regulation 445/01

made under the

workplace safety and
insurance act, 1997

Made: October 22, 2001
Approved: November 28, 2001
Filed: November 30, 2001
Printed in The Ontario Gazette: December 15, 2001

Amending O. Reg. 455/97

(Pension Plan for Board Employees)

1. Subsections 28 (6) and (7) of Ontario Regulation 455/97 are revoked and the following substituted:

(6) A member whose age, when added to the number of years of his or her continuous membership in the pension plan, totals at least 80 may elect to receive an early retirement pension.  The election must be made before January 1, 2003.

(7) A member may elect before January 1, 2003 to receive an early retirement pension if,

(a) the member begins a paid leave of absence before December 31, 2002; and

(b) the member’s age, at the end of the paid leave, when added to the number of years of his or her continuous membership in the pension plan at the end of the paid leave, totals at least 80.

Workplace Safety and Insurance Board:

Glen Wright

Chair

Linda Angove

Secretary

Dated on October 22, 2001.