PART I INTERPRETATION
 4. (0.1) In this section,  “specified period” means, in respect of a report filed under section 3 or 14 or submitted under section 4 or 13, the period beginning on the later of the start of the fiscal year of the plan in which the report was filed or submitted and the valuation date of the report and ending on the day before the day on which the report is filed or submitted. (“période déterminée”) O. Reg. 250/18, s. 9 (1); O. Reg. 105/19, s. 5 (1); O. Reg. 533/21, s. 2 (1). (1) Every pension plan shall set out the obligation of the employer or any person or entity required to make contributions on behalf of the employer and, in the case of a jointly sponsored pension plan, the obligation of the members of the pension plan, if applicable, to contribute both in respect of the normal cost and any going concern unfunded liability and solvency deficiency under the plan.  O. Reg. 116/06, s. 4 (1). (1.1) Every pension plan shall also set out the obligation of the employer or any person or entity required to make contributions on behalf of the employer and, in the case of a jointly sponsored pension plan, the obligation of the members of the pension plan, if applicable, to contribute in respect of, (a)  the provision for adverse deviations in respect of the normal cost; (b)  any plan amendment that increases going concern liabilities; and (c)  any reduced solvency deficiency under the plan. O. Reg. 250/18, s. 9 (2). (1.2) Clause (1.1) (c) does not apply to a jointly sponsored pension plan listed in subsection 1.3.1 (3). O. Reg. 250/18, s. 9 (2). (1.3) Any plan amendments that are required for the purpose of complying with subsection (1.1) shall be made within 12 months after the date the first report for the pension plan with a valuation date on or after December 31, 2017 is filed under section 3, 13 or 14. O. Reg. 250/18, s. 9 (2). (2) Subject to subsections (2.1) and (2.1.1), an employer who is required to make contributions under a pension plan or, if a person or entity is required to make contributions under the pension plan on behalf of the employer, that person or entity and, if applicable, the members of the pension plan or their representative shall make payments to the pension fund or to an insurance company, as applicable, that are not less than the sum of, (a)  in the case of a report with a valuation date before December 31, 2017, all contributions, including contributions in respect of any going concern unfunded liability and solvency deficiency and money withheld by payroll deduction or otherwise from an employee, that are received from employees as the employees’ contributions to the pension plan; (a.1)  as of the date the first report with a valuation date on or after December 31, 2017 is filed under section 3, 13 or 14, all contributions, including contributions for the provision for adverse deviations in respect of the normal cost, any going concern unfunded liability, solvency deficiency and reduced solvency deficiency, and money withheld by payroll deduction or otherwise from an employee, that are received from employees as the employees’ contributions to the pension plan; (b)  all contributions required to pay the normal cost; (b.1)  as of the date the first report with a valuation date on or after December 31, 2017 is filed under section 3, 13 or 14, all contributions required to pay the amount equal to the provision for adverse deviations in respect of the normal cost determined in accordance with section 11.1; (c)  all special payments determined in accordance with section 5; and (c.1)  Revoked: O. Reg. 533/21, s. 2 (2). (d)  all special payments determined in accordance with sections 31, 32 and 35 and all payments determined in accordance with section 31.1. O. Reg. 712/92, s. 3 (2); O. Reg. 73/95, s. 2 (1); O. Reg. 116/06, s. 4 (2-4); O. Reg. 239/09, s. 2; O. Reg. 329/12, s. 2 (1); O. Reg. 161/16, s. 1; O. Reg. 225/17, s. 1; O. Reg. 250/18, s. 9 (3-5); O. Reg. 533/21, s. 2 (2). (2.1) Despite subsection (2), an employer required to make contributions under a designated plan or an individual pension plan shall not be required to make a payment to the pension fund or to an insurance company, as applicable, that is not an eligible contribution.  O. Reg. 73/95, s. 2 (2); O. Reg. 178/12, s. 3 (1). (2.1.1) If the payments required under subsection (2) are greater than they would have been under that subsection as it read immediately before May 1, 2018, an employer who is required to make contributions under a pension plan, or if a person or entity is required to make contributions under the pension plan on behalf of the employer, that person or entity, and, if applicable, the members of the pension plan or their representative, shall make payments to the pension fund or to an insurance company, as applicable, that are not less than the amount calculated using the formula, A − [(A−B) × C] in which, “A”  is the total of the payments required under subsection (2) for the year based on the most recently filed report, “B”  is the total of the payments that would have been required under subsection (2) as it read immediately before May 1, 2018, “C”  is the value described in subsection (2.1.2). O. Reg. 250/18, s. 9 (6). (2.1.2) The value of “C” in the formula in subsection (2.1.1) is the value determined in accordance with the following: 1.  For a pension plan that provides defined benefits where the obligation of the employer to contribute to the pension fund is limited to a fixed amount set out in a collective agreement that exists on May 1, 2018: i.  The value of “C” is equal to one in the year that is the earlier of, A.  2021, and B.  the year in which the collective agreement expires. ii.  In any year prior to the year described in subparagraph i, the value of “C” is equal to one. iii.  In the year immediately following the year described in subparagraph i, the value of “C” is equal to one. iv.  In the year immediately following the year described in subparagraph iii, the value of “C” is equal to 0.667. v.  In the year immediately following the year described in subparagraph iv, the value of “C” is equal to 0.333. vi.  In any year following the year described in subparagraph v, the value of “C” is zero. 2.  For any other pension plan: i.  In the first year following the valuation date of the first report filed with a valuation date that is on or after December 31, 2017, the value of “C” is equal to one. ii.  In the year immediately following the year described in subparagraph i, the value of “C” is equal to 0.667. iii.  In the year immediately following the year described in subparagraph ii, the value of “C” is equal to 0.333. iv.  In any year following the year described in subparagraph iii, the value of “C” is zero. O. Reg. 250/18, s. 9 (6). (2.2) Despite subsections (1) and (2), the amount of contributions required to be made to a pension plan that provides defined benefits may be determined by using an actuarial cost method other than a benefit allocation method if, (a)  the actuarial cost method that is used is consistent with accepted actuarial practice; and (b)  the rules set out in subsection (2.3) are satisfied.  O. Reg. 116/06, s. 4 (5). (2.3) For the purposes of clause (2.2) (b), the rules are as follows: 1., 1.1 Revoked: O. Reg. 329/12, s. 2 (2). 1.2  If, at the valuation date of a report filed under section 3, 13 or 14 that is before December 31, 2017, the amount determined under clause (a) of the definition of “going concern assets” in subsection 1 (2) is not less than the going concern liabilities determined using a benefit allocation method, the present value of the required contributions for the five-year period referred to in paragraph 1.3 must not be less than the present value of the contributions for that period that would be made in respect of the normal cost for the plan if the benefit allocation method were used, after the application of any actuarial gains to reduce the normal cost in accordance with subsection 7 (3). 1.2.1  If, at the valuation date of a report filed under section 3, 13 or 14 with a valuation date that is on or after December 31, 2017, the amount determined under clause (a) of the definition of “going concern assets” in subsection 1 (2) is not less than the sum of going concern liabilities determined using a benefit allocation method and the amount equal to the provision for adverse deviations in respect of going concern liabilities determined using the benefit allocation method, the present value of the required contributions for the five-year period referred to in paragraph 1.3 must not be less than the sum of the following, subject to paragraph 1.2.2: i.  The present value of the contributions for that period that would be made for the normal cost for the plan. ii.  The amount equal to the provision for adverse deviations in respect of the normal cost. 1.2.2  The amounts mentioned in subparagraphs 1.2.1 i and ii shall be determined using the benefit allocation method after the application of any available actuarial surplus to reduce the normal cost and the provision for adverse deviations in respect of the normal cost in accordance with subsection 7.0.3 (1) or, if the pension plan is a jointly sponsored pension plan listed in subsection 1.3.1 (3), after the application of any actuarial gains to reduce the normal cost in accordance with subsection 7 (3). 1.3  The five-year period referred to in paragraph 1.2 or 1.2.1 must begin, i.  in the case of a pension plan that is not a jointly sponsored pension plan, on the valuation date, or ii.  in the case of a jointly sponsored pension plan, on a date not later than 12 months after the valuation date. 2.  If, at the valuation date of a report filed under section 3, 13 or 14 with a valuation date before December 31, 2017 or in respect of a plan that is a jointly sponsored pension plan listed in subsection 1.3.1 (3), the amount determined under clause (a) of the definition of “going concern assets” in subsection 1 (2) is less than the going concern liabilities determined using a benefit allocation method, the present value of the required contributions, which are determined under the actuarial cost method used by the plan, must not be less than the sum of the present value of the normal cost and the present value of the special payments determined in accordance with section 5 that would be required to liquidate any going concern unfunded liability determined using the benefit allocation method. 2.0.1  If, at the valuation date of a report filed under section 3, 13 or 14 with a valuation date that is on or after December 31, 2017 in respect of a plan that is not a jointly sponsored pension plan listed in subsection 1.3.1 (3), the amount determined under clause (a) of the definition of “going concern assets” in subsection 1 (2) is less than the sum of going concern liabilities determined using a benefit allocation method and the amount equal to the provision for adverse deviations in respect of going concern liabilities determined using the benefit allocation method, the present value of the required contributions, as determined under the actuarial cost method used by the plan, must not be less than the sum of the following, determined using the benefit allocation method: i.  The present value of the normal cost. ii.  The present value of the amount equal to the provision for adverse deviations in respect of the normal cost. iii.  The present value of the special payments determined in accordance with section 5 that would be required, A.  in respect of any plan amendment that increases going concern liabilities, or B.  to liquidate a going concern unfunded liability. 2.1  The present values referred to in paragraphs 1.2, 1.2.1, 2 and 2.0.1 shall be determined without reference to paragraphs 7 and 10 and without reference to subsections (2.7) and (2.7.1). 3.  The rate or rates of interest to be used in calculating present values referred to in paragraphs 1.2, 1.2.1, 2 and 2.0.1 shall be the rate or rates used in the report for the going concern valuation. 3.1  For the purposes of paragraphs 1.2, 1.2.1, 2 and 2.0.1, the going concern valuation prepared using the benefit allocation method shall use the same rate or rates of interest as those used in the going concern valuation prepared using the actuarial cost method used by the plan. 4.  In the case of a pension plan that is not a jointly sponsored pension plan, the present values referred to in paragraph 2 shall be calculated using whichever of the following periods is longer: i.  The period that begins on the valuation date and continues until the end of the remaining amortization period of the going concern unfunded liability that has the longest remaining amortization period. ii.  The period of five years that begins on the valuation date. 4.0.1  In the case of a pension plan that is not a jointly sponsored pension plan, the present values referred to in paragraph 2.0.1 shall be calculated using whichever of the following periods is longest: i.  The period that begins on the valuation date referred to in paragraph 2.0.1 and continues until the end of the remaining amortization period of the going concern unfunded liability. ii.  The period that begins on the valuation date referred to in paragraph 2.0.1 and continues until the end of the amortization period in respect of any plan amendment that increases the going concern liabilities that has the longest remaining amortization period. iii.  The period of five years that begins on the valuation date referred to in paragraph 2.0.1. 4.1  In the case of a jointly sponsored pension plan, the present values referred to in paragraph 2 shall be calculated using whichever of the following periods is longer: i.  The period that begins on a date not later than 12 months after the valuation date and continues until the end of the remaining amortization period of the going concern unfunded liability that has the longest remaining amortization period. ii.  The period of five years that begins on a date not later than 12 months after the valuation date. 4.2  In the case of a jointly sponsored pension plan to which paragraph 2.0.1 applies, the present values referred to in paragraph 2.0.1 shall be calculated using whichever of the following periods is longest: i.  The period that begins on a date that is not later than 12 months after the valuation date referred to in paragraph 2.0.1 and continues until the end of the remaining amortization period of the going concern unfunded liability. ii.  The period that begins on a date that is not later than 12 months after the valuation date referred to in paragraph 2.0.1 and continues until the end of the amortization period in respect of any plan amendment that increases going concern liabilities that has the longest remaining amortization period. iii.  The period of five years that begins on a date that is not later than 12 months after the valuation date referred to in paragraph 2.0.1. 5.  In the case of a jointly sponsored pension plan, i.  Revoked: O. Reg. 329/12, s. 2 (7). ii.  the present values referred to in paragraphs 1.2 and 1.2.1 shall be calculated based on the sum of the projected pensionable earnings for each year in the five-year period referred to in that paragraph, iii.  the present values referred to in paragraphs 2 and 2.0.1 shall be calculated based on the period used for the purpose of paragraph 4.1 or 4.2, as the case may be, and the sum of the projected pensionable earnings for each year in the applicable period, and iv.  the actuarial assumptions used to determine the sums referred to in subparagraphs i, ii and iii of the projected pensionable earnings shall be consistent with those used in the report for the going concern valuation based on the benefit allocation method. 6.  Subject to paragraph 7, the required contribution rate for a jointly sponsored pension plan shall be determined as a level percentage of pensionable earnings for each class of members, subject to any variation that is necessary in order to take into account integration with the Canada Pension Plan or the Quebec Pension Plan. 7.  If the required contribution rate set out in a report filed under section 3 or 14 in respect of a jointly sponsored pension plan is higher than the required contribution rate determined in the last report filed under section 3, 13 or 14, the required contribution rate may be increased each year for up to three years, commencing not later than 12 months after the valuation date, by at least one third of the difference between the two contribution rates, but only if, i.  the contribution rate after that period is a level percentage of pensionable earnings, subject to any variation that is necessary in order to take into account integration with the Canada Pension Plan or the Quebec Pension Plan, and ii.  the present value of the required contributions using the increased rates is not less than, A.  the present value of the contributions that would be made for the normal cost for the plan if the benefit allocation method were used, after the application of any actuarial gains to reduce the normal cost in accordance with subsection 7 (3), if paragraph 1.2 applies, B.  if the report has a valuation date on or after December 31, 2017, the sum of the present value of the contributions that would be made in respect of the normal cost for the plan and the provision for adverse deviations in respect of the normal cost for the plan if the benefit allocation method were used, after the application of any available actuarial surplus to reduce the normal cost or the amount equal to the provision for adverse deviations in respect of the normal cost in accordance with subsection 7.0.3 (1) or, if the pension plan is a jointly sponsored pension plan listed in subsection 1.3.1 (3), after the application of any actuarial gains to reduce the normal cost in accordance with subsection 7 (3), if paragraph 1.2.1 applies, C.  the sum of the present value of the normal cost and the present value of the special payments determined in accordance with section 5 that would be required to liquidate any going concern unfunded liability determined using the benefit allocation method, if paragraph 2 applies, or D.  if the report has a valuation date on or after December 31, 2017, the sum of the present value of the normal cost, the present value of the amount equal to the provision for adverse deviations in respect of the normal cost and the present value of the special payments determined in accordance with section 5 that would be required in respect of any plan amendment that increases going concern liabilities or in respect of any going concern unfunded liability determined using the benefit allocation method, if paragraph 2.0.1 applies. 8.  For the purposes of paragraph 7, the determination of whether the required contribution rate set out in the report is higher than the required contribution rate determined in the last filed report shall be made without taking into account the ability to increase required contribution rates each year for up to three years under that paragraph, and without taking into account the ability to carry forward amounts under paragraph 10 to reduce those increases. 9.  The present values referred to in subparagraph 7 ii shall be calculated using the same period as was used to calculate the present values referred to in paragraph 1.2, 1.2.1, 2 or 2.0.1, whichever is applicable. 10.  If paragraph 7 permits the required contribution rate to be increased each year for up to three years and the amount of any increase in the first or second year exceeds one third of the difference between the required contribution rate set out in the report and the required contribution rate determined in the last filed report, the excess may be carried forward to the following year or years and used to reduce the increases in the following year or years, as long as the present value of the required contributions using the increased rates, as adjusted, is not less than the present value referred to in sub-subparagraph 7 ii A, B, C or D, whichever is applicable.  O. Reg. 116/06, s. 4 (5); O. Reg. 570/06, s. 2 (1-10); O. Reg. 178/12, s. 3 (2, 3); O. Reg. 329/12, s. 2 (2-9); O. Reg. 250/18, s. 9 (7-18). (2.4) If, in accordance with subsection (2.2), the amount of contributions required to be made to a pension plan that provides defined benefits is determined by using an actuarial cost method other than a benefit allocation method, the payments to the pension fund or to an insurance company, as applicable, shall not be less than the sum of, (a)  the required contributions determined using the actuarial cost method; and (b)  all special payments determined in accordance with section 5 with respect to any solvency deficiency and any reduced solvency deficiency.  O. Reg. 116/06, s. 4 (5); O. Reg. 250/18, s. 9 (19); O. Reg. 533/21, s. 2 (3). (2.5) If the amount of contributions required to be made to a pension plan that provides defined benefits is determined in accordance with subsection (2.2) using an actuarial cost method other than a benefit allocation method, the contributions shall be deemed to be the contributions required to be made under this Regulation and the definitions in section 1 shall apply with necessary modifications.  O. Reg. 116/06, s. 4 (5). (2.6) If a report filed under section 3 or 14 discloses, in respect of a jointly sponsored pension plan for which a benefit allocation method is used to set contribution rates, that an increase in the normal cost is required or that an increase is required in the amount of contributions that were previously reduced under subsection 7 (3), payment of that increase shall commence on a date not later than 12 months after the valuation date.  O. Reg. 570/06, s. 2 (11). (2.6.1) If a report filed under section 3 or 14 with a valuation date on or after December 31, 2017 discloses, in respect of a jointly sponsored pension plan for which a benefit allocation method is used to set contribution rates, that an increase in the normal cost is required, an increase in the amount equal to the provision for adverse deviations in respect of the normal cost is required or an increase is required in the amount of contributions that were previously reduced under subsection 7 (3) or subsection 7.0.3 (1), payment of that increase shall commence on a date not later than 12 months after the valuation date. O. Reg. 250/18, s. 9 (20). (2.7) If a report filed under section 3 or 14 discloses that there is a going concern unfunded liability that is required to be liquidated in respect of a jointly sponsored pension plan for which a benefit allocation method is used to set the contribution rates, the special payments in respect of the going concern unfunded liability, as determined in accordance with subsection 5 (1.2), may be increased each year for up to three years, commencing not later than 12 months after the valuation date, by at least one third of the special payments, but only if, (a)  the special payments after that period are a level percentage of pensionable earnings for each class of members, subject to any variation that is necessary in order to take into account integration with the Canada Pension Plan or the Quebec Pension Plan; and (b)  the present value of the special payments, including the increased special payments, over the amortization period is not less than the amount of the going concern unfunded liability.  O. Reg. 570/06, s. 2 (12); O. Reg. 178/12, s. 3 (4). (2.7.1) If subsection (2.7) permits the special payments in respect of the going concern unfunded liability, as determined in accordance with subsection 5 (1.2), to be increased each year for up to three years, and the amount of any increase in the first or second year exceeds one third of the special payments, the excess may be carried forward to the following year or years and used to reduce the increases in the following year or years, as long as the present value of the special payments, including the increased special payments, as adjusted, over the amortization period is not less than the amount of the going concern unfunded liability.  O. Reg. 570/06, s. 2 (13). (2.8) In the case of a jointly sponsored pension plan, contributions referred to in subsection 39 (3) of the Act include contributions made by a member in respect of, (a)  any going concern unfunded liability; (b)  any amendment that increases going concern liabilities; (c)  the provision for adverse deviations in respect of the normal cost; and (d)  any solvency deficiency or reduced solvency deficiency. O. Reg. 250/18, s. 9 (21); O. Reg. 533/21, s. 2 (4). (3) Where there is a prior year credit balance, the employer may apply the prior year credit balance to reduce the payments required under clauses (2) (b), (b.1), (c) and (d). O. Reg. 712/92, s. 3 (1); O. Reg. 329/12, s. 2 (10); O. Reg. 250/18, s. 1, 9 (22); O. Reg. 533/21, s. 2 (5). (3.1) Subsection (3) does not apply if the pension plan provides defined benefits and a benefit allocation method is not used to set contribution rates.  O. Reg. 116/06, s. 4 (6). (3.2) If employer contributions to a pension plan during the specified period in respect of the most recently filed or submitted report are in excess of the contributions the report requires in respect of the specified period, the employer may apply the amount of the excess contributions to reduce any payment otherwise required in respect of the pension plan under the report for the period beginning on the day the report is filed or submitted and ending on the earlier of the last day of the fiscal year in which the report is filed or submitted and the filing date of the subsequent report. O. Reg. 105/19, s. 5 (2). (3.3) Subsection (3.2) does not apply if the most recently filed or submitted report is filed or submitted more than 12 months after the valuation date of the report, even if an extension for the filing or submission of the report is granted by the Chief Executive Officer under section 105 of the Act. O. Reg. 105/19, s. 5 (2); O. Reg. 149/19, s. 1. (3.4) Subsection (3.2) does not apply to a jointly sponsored pension plan. O. Reg. 105/19, s. 5 (2). (4) The payments referred to in subsections (2) and (2.4) shall be made by the employer or, if a person or entity is required to make contributions on behalf of the employer, by that person or entity and, if applicable, by the members of the pension plan within the following time limits: 1.  All sums received by the employer from an employee, including money withheld by payroll deduction or otherwise from the employee, as the employee’s contribution to the pension plan, within thirty days following the month in which the sum was received or deducted. 2.  Revoked:  O. Reg. 116/06, s. 4 (8). 3.  In the case of a pension plan that provides defined benefits, employer contributions in respect of the normal cost reported under clause 13 (1) (a) or 14 (7) (a) for each period covered by a report beginning on or after the 1st day of January, 1988, in monthly instalments within 30 days after the month for which contributions are payable, the amount of the instalments to be either a total fixed dollar amount, a fixed dollar amount for each employee or member of the plan or a fixed percentage either of the portion of the payroll related to members of the plan or of employee contributions. 3.0.1  In the case of a pension plan that provides defined benefits, employer contributions for the normal cost reported under clause 13 (1) (a), clause 14 (7) (a) or clause 14 (8.0.2) (a) and contributions for the provision for adverse deviations in respect of the normal cost reported under subclause 13 (1) (b.1) (ii) or subclause 14 (8.0.2) (c) (ii) for each period covered by a report beginning on or after December 31, 2017, in monthly instalments within 30 days after the month for which contributions are payable, the amount of the instalments to be either a total fixed dollar amount, a fixed dollar amount for each employee or member of the plan or a fixed percentage either of the portion of the payroll related to members of the plan or of employee contributions. 3.1  Where all the pension benefits provided under the plan are defined contribution benefits, employer contributions for the plan’s fiscal year, in monthly instalments within 30 days after the month for which contributions are payable, the amount of the instalments to be either a total fixed dollar amount, a fixed dollar amount for each employee or member of the plan or a fixed percentage either of the portion of the payroll related to members of the plan or of employee contributions. 4.  Revoked:  O. Reg. 116/06, s. 4 (8). 5.  All special payments determined in accordance with section 5, subsection 31 (5) and subsection 35 (5) in equal monthly instalments in accordance with the times for payment set out in sections 5, 31 and 35. 6.  All special payments determined in accordance with subsections 31 (1) and (2), section 32 and subsection 35 (3), by annual instalment in accordance with the times for payment set out in sections 31, 32 and 35.  O. Reg. 712/92, s. 3 (1); O. Reg. 386/04, s. 1; O. Reg. 116/06, s. 4 (7); O. Reg. 250/18, s. 9 (23-25). (5) Subject to subsections (10) and (11), if the period covered by a report filed under section 3, 13 or 14 or submitted under this section has ended, and no report covering a subsequent period is filed under section 14 or submitted under this section, the employer or, if a person or entity is required to make contributions on behalf of the employer, that person or entity and, if applicable, the members of the pension plan shall continue to make payments in accordance with the report most recently filed or submitted under section 3, 13 or 14 or this section.  O. Reg. 116/06, s. 4 (9); O. Reg. 178/12, s. 3 (6). (6) The Chief Executive Officer may cause a report on a plan to be prepared where, (a)  a report required under section 3, 13 or 14 on the plan has not been filed within one year after the time required by this Regulation; and (b)  the Chief Executive Officer is of the opinion that the preparation of a report in accordance with subsection (7) is necessary to ensure that the plan is sufficiently funded to provide the benefits under the plan.  O. Reg. 712/92, s. 3 (2); O. Reg. 307/98, s. 2 (1); O. Reg. 144/00, s. 4 (1); O. Reg. 149/19, s. 1. (7) A report under subsection (6) must contain the information required by section 3, 13 or 14, whichever applies.  O. Reg. 144/00, s. 4 (2). (7.1) A report under subsection (6) must be prepared by an actuary chosen by the Chief Executive Officer and must be submitted by the actuary to the Chief Executive Officer.  O. Reg. 144/00, s. 4 (2); O. Reg. 149/19, s. 1. (8) If, during the preparation of a report on a plan, under this section, the Chief Executive Officer forms the opinion that the report is no longer necessary to ensure that the plan is sufficiently funded to provide the benefits under the plan, the Chief Executive Officer may cause work on the report to cease and the actuary need not submit the report to the Chief Executive Officer.  O. Reg. 712/92, s. 3 (2); O. Reg. 307/98, s. 2 (3); O. Reg. 149/19, s. 1. (9) If a report is submitted to the Chief Executive Officer under subsection (7.1), the employer or, if another person or entity is required to make contributions on behalf of the employer, that person or entity and, if applicable, the members of the pension plan shall make payments in accordance with the report.  O. Reg. 116/06, s. 4 (10); O. Reg. 149/19, s. 1. (10) Except as provided in subsection (11), if a payment requirement set out in a report submitted under subsection (7.1) concerning a plan differs from a payment requirement set out in a report filed by the administrator, the employer or, if another person or entity is required to make contributions on behalf of the employer, that person or entity and, if applicable, the members of the pension plan shall make payments in accordance with the higher requirement.  O. Reg. 116/06, s. 4 (10). (11) If, in the opinion of the Chief Executive Officer, a payment in accordance with the higher requirement under subsection (10) is not necessary to ensure that the plan is sufficiently funded to provide benefits under the plan, the payments shall be made in accordance with the lower requirement.  O. Reg. 116/06, s. 4 (10); O. Reg. 149/19, s. 1. (12) Revoked:  O. Reg. 144/00, s. 4 (3). (13) This section does not apply to a pension plan described in subsection 6 (1) unless it is a jointly sponsored pension plan.  O. Reg. 116/06, s. 4 (11).