Note that...
In all cases, the administrator must indicate the type of amendment in the application for registration of an amendment to a pension plan.
Amendments requiring the authorization or approval of Retraite Québec
The plan administrator must obtain the Retraite Québec's authorization or approval to give effect to the amendments below:
| Type of amendment | Supplemental Pension Plans Act reference |
|---|---|
| Amendment reducing benefits retroactively | |
| Plan conversion | |
| Substitution of an employer party to the plan | |
| Non-uniform employer contribution rate or percentage | |
| Employer contributions or benefits that vary according to the number of years of employment or credited service | |
| Actuarial assumptions determined by the plan | |
| Pension supplement not included in a deferred pension | |
| A fiscal year for a plan that is other than 12 months in length | |
| Division of the plan's assets and liabilities | |
| Merger of the assets and liabilities of several plans | |
| Withdrawal of an employer |
Amending an SIPP
The contents of this page do not apply to simplified pension plans (SIPPs). Find out more about amending an SIPP.