When in Quebec
The scenario of a national company that sponsors and administers a pension plan that has members employed in various provinces, including Quebec, is discussed. The plan is registered in Ontario, because that is where the majority of its members reside. The plan - at least the portion that covers Que...
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Veröffentlicht in: | Benefits Canada 1999-05, Vol.23 (5), p.67 |
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1. Verfasser: | |
Format: | Magazinearticle |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
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Zusammenfassung: | The scenario of a national company that sponsors and administers a pension plan that has members employed in various provinces, including Quebec, is discussed. The plan is registered in Ontario, because that is where the majority of its members reside. The plan - at least the portion that covers Quebec-based members - must be administered by a pension committee that includes a minimum of 2 plan members and one independent member. It must also hold annual member meetings, at least for the Quebec members. The Regie des rentes du Quebec - Quebec's pension authority - has confirmed that the administration requirements of Quebec pension legislation apply to Quebec members of all pension plans, even those not registered in Quebec. |
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ISSN: | 0703-7732 |