PART I INTERPRETATION
 6.0.4 (1) This section applies to each report filed under section 3, 13 or 14 for a specified Ontario multi-employer pension plan, (a)  if the report is filed on or after the day on which the administrator files the election under section 6.0.3; and (b)  if the valuation date of the report falls on or before the earlier of the first anniversary of the date on which section 81.0.2 of the Act comes into force and January 1, 2024.  O. Reg. 489/07, s. 2; O. Reg. 447/09, s. 3; O. Reg. 203/12, s. 3; O. Reg. 225/17, s. 9; O. Reg. 192/18, s. 3. Note: On January 1, 2024, clause 6.0.4 (1) (b) of the Regulation is revoked and the following substituted: (See: O. Reg. 321/23, s. 3 (1)) (b)  if the valuation date of the report falls on or before January 1, 2025. (2) Subsections 5 (1.0.0.1), 6 (4.1), (4.2) and (4.3) and 7 (1.1), section 7.0.1 and subsection 11 (4) do not apply with respect to a report to which this section applies.  O. Reg. 489/07, s. 2; O. Reg. 250/18, s. 17 (1); O. Reg. 105/19, s. 10 (1). (2.0.1) Subsection 78 (7) does not apply to a specified Ontario multi-employer pension plan. O. Reg. 105/19, s. 10 (2). (2.0.2) Section 14.0.1 of the Act does not apply to a specified Ontario multi-employer pension plan. O. Reg. 105/19, s. 10 (2). (2.1) Despite section 11.2, the provision for adverse deviations is zero with respect to a report to which this section applies. O. Reg. 250/18, s. 17 (2). (2.2) Despite subsection 1 (2), in respect of a report described in subsection (1), “going concern assets” means the sum of, (a)  the value of the assets of the pension plan determined on the basis of a going concern valuation, including accrued and receivable income but excluding the amount of any letter of credit held in trust for the pension plan, and (b)  the present value of any special payments in respect of a going concern unfunded liability disclosed in previously filed reports. O. Reg. 250/18, s. 17 (2). (3) For the purposes of clause 6 (4) (a), the required contributions to the plan are sufficient if, for each year of the period covered by the report, they are not less than the sum of the following amounts determined using a benefit allocation method: 1.  The normal cost of the plan. 2.  The special payments set out in a previous report that remain to be paid with respect to any going concern unfunded liability. 3.  The special payments to be paid with respect to any going concern unfunded liability that is determined in the report.  O. Reg. 489/07, s. 2. (4) If a report filed under section 3, 13 or 14 with a valuation date before September 30, 2011 discloses that there is a going concern unfunded liability, the liability shall be liquidated, with interest at the going concern valuation interest rate, by equal monthly instalments over a period of 12 years beginning on the valuation date of the report. O. Reg. 329/12, s. 9. (4.1) If a report filed under section 3, 13 or 14 with a valuation date on or after September 30, 2011 discloses that there is a going concern unfunded liability, the liability shall be liquidated, with interest at the going concern valuation interest rate, by equal monthly instalments over a period of 12 years that begins on a date not later than 12 months after the valuation date of the report. O. Reg. 329/12, s. 9. (5) Subsection (6) applies if, after a plan amendment referred to in that subsection, the transfer ratio of the plan is less than 0.8 or the ratio of the market value of the plan assets to the going concern liabilities is less than 0.9.  O. Reg. 489/07, s. 2. (6) If the plan is amended to increase pension benefits or ancillary benefits and if either of the conditions described in subsection (5) exist, any increase in the going concern unfunded liability as a result of the amendment shall be liquidated, with interest at the going concern valuation interest rate, by equal monthly instalments over a period of eight years beginning on the valuation date of the report in which the increase in the going concern unfunded liability was determined.  O. Reg. 489/07, s. 2. (7) Within 60 days after filing a report to which this section applies, the administrator shall give written notice to each member, former member and retired member of the plan that an election has been made under section 6.0.3.  O. Reg. 489/07, s. 2; O. Reg. 178/12, s. 9 (1). (8) The written notice shall contain the following information: 1.  The name and provincial registration number of the plan. 2.  The name and contact information for the administrator. 3.  The transfer ratio of the plan; and if the plan is amended to increase pension benefits or ancillary benefits, the transfer ratio both before and after the amendment, effective on the valuation date of the report. 4.  An explanation of how the security of the pension benefits and the ancillary benefits for members, former members and retired members might be affected as a result of the election filed under section 6.0.3. 5.  In the case of a specified Ontario multi-employer pension plan in respect of which section 6.0.5 applies, a statement that any adjustments to contributions or benefits to satisfy solvency funding or reduced solvency funding requirements determined in reports filed before December 31, 2019 will be deferred until January 1, 2024.  O. Reg. 489/07, s. 2; O. Reg. 178/12, s. 9 (2); O. Reg. 400/19, s. 4. Note: On January 1, 2024, paragraph 5 of subsection 6.0.4 (8) of the Regulation is revoked and the following substituted: (See: O. Reg. 321/23, s. 3 (2)) 5.  In the case of a specified Ontario multi-employer pension plan in respect of which section 6.0.5 applies, a statement that any adjustments to contributions or benefits to satisfy solvency funding or reduced solvency funding requirements determined in reports filed before the date on which the plan became a specified Ontario multi-employer pension plan will be deferred until January 1, 2025. (9) Within 60 days after filing a report to which this section applies, the administrator shall file a copy of the notice required by subsection (7) with the Chief Executive Officer and shall give a copy to every employer who makes contributions to the plan and to every bargaining agent who represents members of the plan.  O. Reg. 489/07, s. 2; O. Reg. 149/19, s. 1. (10) The administrator shall also give a copy of the notice required by subsection (7) to each person who will be eligible or is required to become a member of the plan after the filing of a report to which this section applies and before the plan ceases to be a specified Ontario multi-employer pension plan, and the notice must be given to him or her together with the information described in subsection 25 (1) of the Act.  O. Reg. 489/07, s. 2.