PART I INTERPRETATION
 44. (1) At least sixty days prior to a member’s normal retirement date or the date at which a member of a pension plan has indicated that he or she intends to retire, the administrator of the plan shall advise the member of any options respecting payment of the pension available to the member under the pension plan, the Act or the regulations and the time period in which the options may be exercised.  R.R.O. 1990, Reg. 909, s. 44 (1). (1.1) If a pension plan provides defined contribution benefits and authorizes payment of pension benefits that are variable benefits under subsection 39.1 of the Act, the administrator shall advise the member, in addition to the information referred to in subsection (1), that the member may elect to receive variable benefits from the pension plan and the administrator shall provide the member with information about variable benefits, including the following information: 1.  A statement that if the member has a spouse who would be entitled to a joint and survivor pension under section 44 of the Act, that the variable benefit account cannot be established unless the member and the spouse have waived the entitlement to receive payment of pension benefits in the form of a joint and survivor pension in accordance with subsection 46 (1) of the Act. 2.  A description of the condition set out in subsection 39.1 (2.2) of the Act required in order for the waiver mentioned in paragraph 1 to be effective. 3.  A statement that if a variable benefit account is established, the entire amount credited to the member in his or her defined contribution account must be transferred to the variable benefit account. However, if the pension plan permits a portion of the entire amount credited to his or her defined contribution account to be transferred to his or her variable benefit account, a statement that the member may elect to have a portion of the entire amount transferred to the variable benefit account. 4.  An estimate of the amount in the member’s defined contribution account at the member’s retirement date or the date at which the member has indicated that he or she intends to retire. 5.  The minimum and maximum limits on the amount of income that may be paid out of a variable benefit account during a calendar year, as set out in paragraphs 9 and 10 of section 2 of Ontario Regulation 368/19 (Variable Benefits) made under the Act. 6.  A statement that once every calendar year, or more than once in the same calendar year if permitted to do so by the pension plan, the member will be able to notify the administrator in writing of, i.  any change to the amount of income to be paid out of the variable benefit account in the calendar year, subject to the minimum and maximum limits set out in paragraphs 9 and 10 of section 2 of Ontario Regulation 368/19 (Variable Benefits) made under the Act, ii.  any change to the frequency of the payment, if the pension plan permits payment out of the variable benefit account more than once in a calendar year, and iii.  any change in the method of payment. 7.  A statement that the member would, when he or she is a retired member, be entitled, within 60 days after the establishment of his or her variable benefit account, to apply to the administrator in accordance with section 9 of Ontario Regulation 368/19 (Variable Benefits) made under the Act to withdraw from the variable benefit account or transfer from it to a registered retirement savings arrangement an amount representing up to 50 per cent of the amount transferred to the account at the time it was established. O. Reg. 369/19, s. 2 (1). (2) An administrator who does not receive adequate advance notice of the intended retirement necessary to comply with subsections (1) and (1.1) shall provide the information referred to in subsection (1) and, if applicable, subsection (1.1) within 30 days following receipt by the administrator of a completed application required for commencement of the pension. O. Reg. 369/19, s. 2 (2). (3) A written statement required under section 28 of the Act shall contain, as recorded on the records of the administrator, at least, (a)  the name of the pension plan and its provincial registration number; (b)  the member’s name and date of birth; (c)  the date on which the member joined the plan and the years of employment or membership credited under the plan for purposes of calculating the pension benefit; (d)  where applicable, the name of the person recorded as the member’s spouse; (e)  the date pension benefits commence payment; (f)  the amount of the pension to which the member is or will be entitled according to the records of the administrator and based on elections made by the member; (g)  any increase or reduction in the pension resulting from early or postponed retirement; (h)  the amount of the pension benefit purchased with additional voluntary contributions made by the member; (i)  the amount of the pension benefit purchased with contributions resulting from a transfer made on behalf of the member from another pension fund; (j)  any integration of the pension entitlement with pensions payable under the Canada Pension Plan, Quebec Pension Plan or the Old Age Security Act (Canada) and the effect of such integration; (k)  any bridging benefits or special allowances and the date on which such ancillary benefits cease to be paid; (l)  any indexation provisions applicable to the pension or deferred pension; (m)  any benefit payable in the event of the member’s death and the name of the person designated as the beneficiary of that benefit; and (n)  any other refunds under the plan to which the member is entitled.  R.R.O. 1990, Reg. 909, s. 44 (3); O. Reg. 115/00, s. 7; O. Reg. 324/05, s. 10; O. Reg. 178/12, s. 42; O. Reg. 235/14, s. 6. (4) The administrator shall provide the statement referred to in subsection (3) within thirty days after the member’s retirement or, where the administrator has not received notification prior to retirement, within thirty days after the administrator’s receipt of a completed application required for commencement of the pension.  R.R.O. 1990, Reg. 909, s. 44 (4).