Information booklet

(1) The information booklet provided to members pursuant to section 17 of the Act must summarize the following information in plain languageCAP. 30:01. (a) the name of the pension plan; (b) pension plan’s registration number; (c) eligibility for membership; (d) vesting rules; (e) locking-in rules; (f) normal, early and latest retirement dates; (g) an explanation of benefits, including– (i) pre-retirement death benefits; (ii) post-retirement death benefits; (iii) benefit rates, for defined benefits; (iv) contribution rates for the employee and the employer; and (h) member responsibilities, and disclose any transactional fees, levies and other charges that would be charged to members on an individual basis. Private Pensions 25