Wind Up Statements

On the wind up of a pension plan, the administrator shall give to each person entitled to a benefit in respect of the pension plan a statement setting out– (a) the person’s entitlement under the pension plan; and (b) the options available to the person regarding the immediate payment of a pension benefit if he is eligible therefore or, if not so eligible, for the payment of a pension commencing on such future date and on such terms as may be prescribed; and (c) any prescribed by regulations or required by the Supervisor. 45