Termination of the Plan. If the Plan is terminated, the Fund shall be used to meet all liabilities under the Plan in accordance with The Pension Benefits Act of Ontario and Regulation thereunder through the purchase of annuities from an Insurance Company, transfers to non-commutable Registered Retirement Savings Plan or cash settlements.
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Termination of the Plan. If the Plan is terminated, the Fund shall be used to meet all liabilities under the Plan in accordance with The Pension Benefits Act of Ontario and Regulation thereunder through the purchase of purchaseof annuities from an Insurance Company, transfers to non-commutable Registered commutableRegistered Retirement Savings Plan or cash settlements.. ARTICLE ADMINISTRATION OF THE PLAN ADMINISTRATOR The Company shall be the administrator of the Plan. The Company, or its appointed agent, shall
Appears in 1 contract
Samples: Agreement
Termination of the Plan. If the Plan is terminated, the Fund shall be used to meet all liabilities under the Plan in accordance with The Pension Benefits Act of Ontario and Regulation thereunder there under through the purchase of annuities from an Insurance Company, transfers to non-commutable Registered Retirement Savings Plan or cash settlements.
Appears in 1 contract
Samples: www.sdc.gov.on.ca
Termination of the Plan. If the Plan is terminated, the Fund shall be used to meet all liabilities under the Plan in accordance with The Pension Benefits Act of Ontario and Regulation thereunder through the purchase of annuities from an Insurance Company, transfers to non-commutable Registered Retirement Savings Plan or cash settlements.
Appears in 1 contract
Samples: Agreement
Termination of the Plan. If the Plan is terminated, the Fund shall be used to meet all liabilities under the Plan in accordance with The Pension Benefits Act of Ontario and Regulation thereunder through the purchase of annuities from an Insurance Company, transfers to non-commutable Registered Retirement Savings Plan or cash settlements.
Appears in 1 contract
Samples: Agreement