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Newfoundland and Labrador
Regulation 2010


NEWFOUNDLAND AND LABRADOR REGULATION 36/10

NEWFOUNDLAND AND LABRADOR
REGULATION 36/10

Pension Benefits Act Regulations (Amendment)
under the
Pension Benefits Act, 1997
(O.C. 2010-165)

(Filed June 22, 2010)

Under the authority of section 78 of the Pension Benefits Act, 1997, the Lieutenant-Governor in Council makes the following regulations.

Dated at St. John’s, June 8, 2010.

Gary Norris
Clerk of the Executive Council

REGULATION

Analysis


        1.   S.42.2 Amdt.
Municipal employees pension plan exemption


NLR 114/96
as amended

        1. Subsection 42.2(1) of the Pension Benefits Act Regulations is repealed and the following substituted:

Municipalities pension plan exemption

   42.2 (1) The Newfoundland and Labrador Municipal Employees Benefits Inc. Pension Plan shall be exempt from the requirement of paragraph 12(3)(d) for the period December 31, 2008 to December 31, 2010 in respect of the solvency deficiency of the plan.