O. Reg. 448/03: Pension Plan for Board Employees

 

ontario regulation 448/03

made under the

workplace safety and insurance act, 1997

Made: December 9, 2003
Approved: December 17, 2003
Filed: December 19, 2003
Printed in The Ontario Gazette: January 3, 2004

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 if the election is made before April 1, 2004.

(7) A member may elect before April 1, 2004 to receive an early retirement pension,

(a) if the member begins a paid leave of absence before March 31, 2004; and

(b) if 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.

Made by:

Workplace Safety and Insurance Board:

Glen Wright

Chair and CEO

Linda Angove

Corporate Secretary

Date made: December 9, 2003.