R-10 - Act respecting the Government and Public Employees Retirement Plan

Section 108 Disposition versions

1990-01-01

108. In the case where the supplemental pension plan is a plan to which the Government is not a signatory and entails an initial unfunded actuarial liability, an improvement unfunded actuarial liability, a technical actuarial deficiency or a combination thereof, which is not amortized by a valid claim corresponding to the investment required to eliminate such liability and deficiency, the benefits shall be reduced, according to the order of priorities determined by regulation, to obtain full capitalization of such supplemental pension plan.

1973, c. 12, s. 95; 1983, c. 24, s. 1; 1989, c. 38, s. 276.

1983-07-01

108. In the case where the supplemental pension plan is a plan to which the Government is not a signatory and entails an initial unfunded liability or an experience deficiency or both such liability and deficiency which is or are not amortized by a valid claim corresponding to the investment required to eliminate such liability and deficiency, the benefits shall be reduced, according to the order of priorities determined by regulation, to obtain full capitalization of such supplemental pension plan.

1973, c. 12, s. 95; 1983, c. 24, s. 1.

1977-12-31

108. Currently paid pensions and deferred annuities derived from supplemental plans to which employees who have elected to participate in this plan were contributing shall be assumed and paid by the Commission from the date on which the funds necessary for their full payment are remitted to it.

1973, c. 12, s. 95.