Question: When an amendment is made to a pension plan, which of the following statements are typically true? 1. Amendments may reduce a plan member's benefits
When an amendment is made to a pension plan, which of the following statements are typically true?
1. Amendments may reduce a plan member's benefits earned to date.
2. Amendments must be approved by CAPSA
3. Amendments cannot reduce a plan member's benefits earned to date
4. Amendments must be registered with CRA.
options
1 and 2
1 and 4
2 and 3
3 and 4
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