Common use of General Points Clause in Contracts

General Points. Contributions are invested in accordance with the investment rules respecting Registered Retirement Income Funds (RRIFs) under the Income Tax Act (Canada) and in accordance with any such rules prescribed under the applicable pension legislation. The contributions that are locked in under the SSQ LRIF include interest, gains and losses. No additional non-locked-in monies may be invested nor transferred to an SSQ LRIF, unless such additional non-locked-in monies are segregated and maintained as a separate SSQ LRIF in accordance with applicable pension legislation. In addition, no contribution governed by the pension legislation of a province or a territory, or governed by federal pension legislation, may be amalgamated with contributions governed by other pension legislation. SSQ warrants the contractholder that it is, and will make every endeavour while this contract exists to remain, on the Superintendent’s of pension list of acknowledged financial institutions for LRIFs (if such a list exists as defined under applicable pension legislation).

General Points. Contributions are invested in accordance with the investment rules respecting Registered Retirement Income Funds (RRIFs) under the Income Tax Act (Canada) and in accordance with any such rules prescribed under the applicable pension legislation. The contributions that are locked in under the SSQ LRIF PRRIF include interest, gains and losses. No additional non-locked-in monies may be invested nor transferred to an SSQ LRIFPRRIF, unless such additional non-locked-in monies are segregated and maintained as a separate SSQ LRIF PRRIF in accordance with applicable pension legislation. In addition, no contribution governed by the pension legislation of a province or a territory, or governed by federal pension legislation, may be amalgamated with contributions governed by other pension legislation. SSQ warrants the contractholder that it is, and will make every endeavour while this contract exists to remain, on the Superintendent’s of pension list of acknowledged financial institutions for LRIFs PRRIFs (if such a list exists as defined under applicable pension legislation).

General Points. Contributions are invested in accordance with the investment rules respecting Registered Retirement Income Funds Savings Plans (RRIFsRRSPs) under the Income Tax Act (Canada) and in accordance with any such rules prescribed under the applicable pension legislation. The contributions that are locked in under the SSQ LRIF LIRA include interest, gains and losses. No additional non-locked-in monies may be invested nor transferred to an SSQ LRIFLIRA, unless such additional non-locked-in monies are segregated and maintained as a separate SSQ LRIF LIRA in accordance with applicable pension legislation. In addition, no contribution governed by the pension legislation of a province or a territory, or governed by federal pension legislation, may be amalgamated with contributions governed by other pension legislation. SSQ warrants the contractholder that it is, and will make every endeavour while this contract exists to remain, on the Superintendent’s of pension list of acknowledged financial institutions for LRIFs LIRAs, LRSPs and RLSPs (if such a list exists as defined under applicable pension legislation).

General Points. Contributions are invested in accordance with the investment rules respecting Registered Retirement Income Funds (RRIFs) under the Income Tax Act (Canada) and in accordance with any such rules prescribed under the applicable pension legislation. The contributions that are locked in under the SSQ LRIF LIF include interest, gains and losses. No additional non-locked-in monies may be invested nor transferred to an SSQ LRIFLIF, unless such additional non-locked-in monies are segregated and maintained as a separate SSQ LRIF LIF in accordance with applicable pension legislation. In addition, no contribution governed by the pension legislation of a province or a territory, or governed by federal pension legislation, may be amalgamated with contributions governed by other pension legislation. SSQ warrants the contractholder that it is, and will make every endeavour while this contract exists to remain, on the Superintendent’s of pension list of acknowledged financial institutions for LRIFs LIFs (if such a list exists as defined under applicable pension legislation).