Pension Legislation definition

Pension Legislation means the Pension Benefits Standards Act, 1985 (Canada) and its Regulations, governing locked-in funds transferred or to be transferred to the Plan directly or indirectly from an RPP;

Pension Legislation means, in relation to a jurisdiction, the legislation identified in Schedule A in respect of that jurisdiction and any subordinate legislation made under that legislation, all as amended or substituted from time to time; (“loi sur les régimes de retraite”)

Pension Legislation means the Pension Benefits Standards Act, 1985 (Canada) and its Regulations, governing locked-in funds transferred or to be transferred to the Fund directly or indirectly from an RPP;

Examples of Pension Legislation in a sentence

• Such application by the Annuitant must be in the form and manner required by Pension Legislation, and, if the Annuitant has a Spouse on the date the Annuitant signs the application, must be accompanied by a waiver by the Spouse, in the form and manner required by Pension Legislation.

• Subject to paragraphs 5, 6, 16, 17, 19, 20, 21, and 22 of this Addendum, all money, including all investment earnings, that is subject to any transfer to or from the Fund as defined by the Declaration of Trust, is to be used to provide or secure a pension that would, but for the transfer and previous transfers, if any, be required by the Act and Pension Legislation.

• Within 30 days after receipt of a transfer to the Fund, the Trustee will provide the Annuitant with the information as specified in the Pension Legislation.

• If the Trustee does not comply with the above, and the issuer of the recipient plan fails to pay the money transferred in the form of a pension or in the manner required or permitted by Pension Legislation, the Trustee will provide or ensure the provision of the pension in a manner and in an amount that would have been provided had such property not been paid out.

• The Annuitant may apply to the Trustee for a lump sum payment equal to the value of the entire contract if the Annuitant is at least 55 years old and the value of the Annuitant’s assets in all LIRAs, LIFs, and LRIFs governed by Pension Legislation is less than 40 percent of the year’s maximum pensionable earnings under the Canada Pension Plan for that calendar year.

More Definitions of Pension Legislation

Pension Legislation means, in relation to a jurisdiction, the legislation identified in Schedule A in respect of that jurisdiction and any subordinate legislation made under that legislation, all as amended or substituted from time to time; (« loi sur les régimes de retraite »)

Pension Legislation means the Pension Benefits Act (New Brunswick) and its Regulations, governing locked-in funds transferred or to be transferred to the Plan directly or indirectly from an RPP;

Pension Legislation means the Pension Benefits Act (Manitoba) and the Regulations thereunder;

Pension Legislation means the applicable provincial or federal pension benefits legislation and, where applicable, the Tax Act;

Pension Legislation means the Pension Benefits Standards Act (British Columbia) and its Regulations, governing locked-in funds transferred or to be transferred to the Plan directly or indirectly from an RPP;

Pension Legislation means the Pension Benefits Standards Act (British Columbia) or any other pension benefits standards legislation in Canada or any province thereof, as applicable.

Pension Legislation means the Supplemental Pension Plans Act (Quebec) and the Regulations governing locked-in funds transferred or to be transferred to the Plan directly or indirectly from an RPP;