Annual report - Saskatchewan Water Corporation Retirement Allowance Plan / Public Employees Benefits Agency.

Cover title.

"The Saskatchewan Water Corporation established the Saskatchewan Water Corporation Retirement Allowance Plan (the Plan) on April 1, 1999 for the purpose of providing certain retirement benefits to out-of scope employees of the Corporation. The Plan is not registered as a pension plan under the Income Tax Act (Canada). The Corporation has not established a trust nor does it hold property for the specific purpose of providing benefits to the participants. Benefits are funded out of current operations of the Corporation. The Corporation managed the Plan form April 1, 1999 to November 16, 2004. On November 16, 2004, an Order in Council designated the Plan as a benefit program to be operated, administered and managed by the Public Employees Benefits Agency (PEBA). An agreement has been established between PEBA and the Corporation, which specified the administrative services that the Corporation will provide." -- Cf. Notes to the Financial Statements, 2016 Annual report.