Pension Benefits Standards Act, 1985
Marginal note:Administrator
7 (1) The administrator of a pension plan shall be
(a) in the case of a multi-employer pension plan established under one or more collective agreements, a board of trustees or other similar body constituted in accordance with the terms of the plan or the collective agreement or agreements to manage the affairs of the plan;
(b) in the case of a multi-employer pension plan not described in paragraph (a), a pension committee constituted in accordance with the terms of the plan, subject to section 7.1, to manage the affairs of the plan; or
(c) in the case of a pension plan other than a multi-employer pension plan,
(i) the employer, or
(ii) if the plan is established under one or more collective agreements and the terms of the plan or the collective agreement or agreements to manage the affairs of the plan provide for the constitution of a board of trustees or other similar body, that body.
Marginal note:Administrator of simplified pension plan
(2) In the case of a simplified pension plan, the administrator of the pension plan shall be the prescribed person or body.
- R.S., 1985, c. 32 (2nd Supp.), s. 7
- 1998, c. 12, s. 5
- Date modified: