R-15.1 - Supplemental Pension Plans Act

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146.73. No recovery measure may result in a reduction, on a funding basis, in the value of the benefits of non-active members and beneficiaries in a proportion that is greater than that applicable to the value of active members’ benefits accrued at the date of the actuarial valuation showing insufficient contributions.
Nor may a recovery measure result in any disparities between members or beneficiaries of the same group.
2020, c. 302020, c. 30, s. 61.