Under what authority does the Memorial University Pension Plan operate?
The Memorial University Pension Plan is a legislated public sector pension plan that operates under the authority of the Memorial University Pensions Act. It is also subject to the Newfoundland Pension Benefits Act, 1997, which governs pension plans registered in this province, and provisions of the Income Tax Act (Canada) governing registered pension plans. The Board of Regents is trustee of the Plan and it is administered by the Department of Human Resources.
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