6 (1) The Lieutenant Governor in Council by order may amend the Plan and, without restricting the generality of the foregoing, may, (a) determine the methods or assumptions to be used to calculate any pension benefit provided under the Plan; (b) rescind the Plan and replace it with another pension plan; (c) extend, modify or restrict the conditions upon which persons may become members of the Plan; (d) establish a separate pension plan or plans for any class or classes of persons who are members of the Plan, and direct the transfer from the Fund to any fund related to such separately established pension plan or plans of any amount specified to represent the value, as determined by an actuarial valuation, of the pension benefits of persons who will be members of such separately established pension plan or plans; (e) increase or prospectively reduce, eliminate or modify any pension benefit set out in the Plan or the rate or amount of contribution to be made under the Plan; (f) regulate the administration of the Plan and the composition, duties and powers of the Board; (g) exercise with respect to any plan established under this section the powers conferred by this section.  R.S.O. 1990, c. P.48, s. 6 (1). Limitation re amendment (2) An amendment of the Plan made under subsection (1) is void to the extent that it conflicts with the Pension Benefits Act in a matter in which the conflict is not authorized by this Act or by Schedule 1 to the Public Service Pension Act, 1989, being chapter 73, as that Schedule read on the 31st day of December, 1989.  R.S.O. 1990, c. P.48, s. 6 (2). Agreement for joint responsibility (3) If the Crown enters into an agreement for an indefinite term with representatives of a majority of the members with respect to, (a) the joint management of the Plan and the Fund by the Crown and representatives of the members; (b) the sharing between the Crown and the members of surpluses and deficiencies in the Fund; (c) prior consultation between the Crown and the representatives to determine if agreement can be reached between them concerning any change in benefits under the Plan or in the rate or amount of contributions to the Fund from the Crown or the members; and (d) mediation procedures following a failure to agree on a change in benefits under the Plan or in the rate or amount of contributions to the Fund, the powers mentioned in subsection (1) shall, while the agreement remains in force, be exercised only in accordance with the agreement.  R.S.O. 1990, c. P.48, s. 6 (3). (4) Repealed:  2009, c. 33, Sched. 17, s. 11 (2). Agreement for member responsibility (5) If it is agreed between the Crown and representatives of a majority of members that the management of the Plan, the entitlement to surpluses in the Fund and the liability for deficiencies in the Fund will be permanently assumed by the members from time to time of the Plan and that the liability of the Crown to contribute to the Fund will be limited to a specified amount or to a specified percentage of members’ contributions or salaries, the Lieutenant Governor in Council may provide by order that the powers mentioned in subsection (1) shall be exercised thereafter only in accordance with the agreement and by the person, persons or entity specified in the agreement.  R.S.O. 1990, c. P.48, s. 6 (5). Legislation Act, 2006, Part III (6) Part III (Regulations) of the Legislation Act, 2006 does not apply with respect to an order amending the Plan.  R.S.O. 1990, c. P.48, s. 6 (6); 2006, c. 21, Sched. F, s. 136 (1). Note: On a day to be named by proclamation of the Lieutenant Governor, section 6 of the Act is amended by adding the following subsections: (See: 2018, c. 8, Sched. 28, s. 1) Capital markets regulatory authority (7) If a capital markets regulatory authority is established in respect of Ontario and if it is an agent of the Crown in right of Ontario, its permanent staff employed in Ontario are members of the Plan. 2018, c. 8, Sched. 28, s. 1. Same (8) For the purposes of subsection (7), “capital markets regulatory authority” has the same meaning as “CMRA” in the Memorandum of Agreement regarding the Cooperative Capital Markets Regulatory System between the governments of Canada, British Columbia, New Brunswick, Prince Edward Island, Saskatchewan and the Yukon, effective August 4, 2016, and available on a Government of Ontario website. 2018, c. 8, Sched. 28, s. 1. Section Amendments with date in force (d/m/y) 2006, c. 21, Sched. F, s. 136 (1) - 25/07/2007 2009, c. 33, Sched. 17, s. 11 (2) - 15/12/2009 2018, c. 8, Sched. 28, s. 1 - not in force