BILL NO. 24

(as introduced)

1st Session, 62nd General Assembly
Nova Scotia
62 Elizabeth II, 2013



Private Member's Bill



Pension Benefits Act
(amended)



Allan MacMaster
Inverness



First Reading: December 6, 2013

(Explanatory Notes)

Second Reading:

Third Reading:

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Explanatory Notes

This Bill amends the existing Pension Benefits Act and its unproclaimed replacement to require that the annual written statement sent to members of a pension plan also be sent to former members and retired members, and that the statement contain information about the investment performance and solvency of the pension fund and how amendments to the pension plan and decisions made by the employer in the preceding year are expected to affect the pension plan.

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An Act to Amend Chapter 340
of the Revised Statutes, 1989, and
Chapter 41 of the Acts of 2011,
the Pension Benefits Act

Be it enacted by the Governor and Assembly as follows:

1 Section 33 of Chapter 340 of the Revised Statutes, 1989, the Pension Benefits Act, is repealed and the following Section substituted:

2 Section 40 of Chapter 41 of the Acts of 2011, the Pension Benefits Act, is repealed and the following Section substituted:

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