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Pension plan administrator

A pension committee is the administrator of a pension plan, except:

  • where the plan has less than 26 members and beneficiaries and administration by the employer is provided for
  • where a law grants authority to a person or body to administer the plan
  • where a simplified pension plan (SIPP) is administered by a financial institution.

No matter who administers the pension plan, the administration must be organized in a manner that will allow the administrator to properly carry out its role.

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