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Pension Benefits Standards Act, 1985

Version of section 40 from 2002-12-31 to 2011-06-30:
 


Marginal note:Annual report

40 The Superintendent shall, as soon as possible after the end of each fiscal year, submit to the Minister a report on

  • (a) the operation of this Act during that year,

  • (b) the extent to which inflation adjustments or other adjustments to pension benefits have been provided during that year, either voluntarily by employers or pursuant to collective agreements, as shown in information filed pursuant to section 12,

  • (c) the source of the funds used to make any adjustments referred to in paragraph (b), and

  • (d) the application of gains, if any, from pension funds,

and the Minister shall cause the report to be laid before each House of Parliament on any of the first fifteen days on which that House is sitting after the day the Minister receives it.


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