An Act to amend the Bankruptcy and Insolvency Act, the Companies' Creditors Arrangement Act and the Pension Benefits Standards Act, 1985 (pension plans and group insurance plans) = Loi modifiant la Loi...: XB441-225/1-PDF
"This enactment amends the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act to ensure that claims in respect of unfunded liabilities or solvency deficiencies of a pension plan are accorded priority in the event of bankruptcy proceedings. It also provides that an employer has to maintain group insurance plans that provide benefits to or in respect of its employees or former employees. This enactment also amends the Pension Benefits Standards Act, 1985 to empower the Superintendent of Financial Institutions to determine that the funding of a pension plan is impaired or that the pension plan administrator is at risk and to set out measures to be taken by the employer in respect of the funding of the plan in such cases"--Summary, page ii.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.907627&sl=0
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| Title | An Act to amend the Bankruptcy and Insolvency Act, the Companies' Creditors Arrangement Act and the Pension Benefits Standards Act, 1985 (pension plans and group insurance plans) = Loi modifiant la Loi sur la faillite et l'insolvabilité, la Loi sur les arrangements avec les créanciers des compagnies et la Loi de 1985 sur les normes de prestation de pension (régimes de pension et régimes d'assurance collective). |
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| Publication type | Monograph - View Master Record |
| Language | Bilingual-[English | French] |
| Format | Digital text |
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| Parallel description | [French] |
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| Description | 1 online resource (ii, 7 pages). |
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| Departmental catalogue number | 441041 |
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