← belizelaw.ai · Private Pensions Regulations, Cap. 30:01s03 · PART IX — Wind Up

Notice of wind up

Private Pensions Regulations, reg. 50 · Revised Edition 2020

(1) A notice of wind up of a pension plan required under section 43 of the Act shall includeup. CAP. 30:01. (a) the name of the plan and its registration number; (b) the proposed date of wind up; and (c) notice that each member, former member or other person entitled to a pension, deferred pension, any other benefit or a refund will be provided with an individual statement setting out entitlements and options under the plan. (2) The notice shall be sent to each person entitled to a copy of the notice under section 43 of the Act within 30 days of the date of termination of the plan, which shall be the date the employer resolved to wind up the plan or received an order to wind up the plan from the Supervisor. CAP. 30:01.
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