Legislative provisions respecting. (a) requirements for pension fund assets to be held by specified fund holders under a specified type of agreement; (b) requirements for contributions to be remitted to the pension fund; (c) requirements that the pension fund be held separate and apart from the employer’s assets and deeming the pension fund to be held in trust for the active members or other persons; (d) an administrator’s lien and charge on the employer’s assets equal to the amounts deemed held in trust; and (e) the administrator’s duty to take immediate action (including court proceedings) to obtain outstanding contributions.
Appears in 13 contracts
Samples: Multi Jurisdictional Pension Plan Agreement, Agreement Respecting Multi Jurisdictional Pension Plans, Multi Jurisdictional Pension Plan Agreement
