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St. John's, Newfoundland and Labrador, Canada

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Newfoundland and Labrador
Regulation 2013


NEWFOUNDLAND AND LABRADOR REGULATION 85/13

NEWFOUNDLAND AND LABRADOR
REGULATION 85/13

Pension Benefits Act Regulations (Amendment)
under the
Pension Benefits Act, 1997
(O.C. 2013-213)

(Filed August 6, 2013)

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, July 30, 2013.

Robert Thompson
Clerk of the Executive Council

REGULATIONS

Analysis


        1.   S.42.2 Amdt.
Municipalities pension plan exemption

        2.   Commencement


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 Subsection 42.2(1) of the Pension Benefits Act Regulations is repealed and the following substituted: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, 2010 to December 31, 2015 in respect of the solvency deficiency of the plan.

Commencement

        2. These regulations are considered to have come into force on December 31, 2010.