139.12. Each member of the committee is entitled to one vote. The chair is not entitled to vote unless there is a tie vote. The chair may not vote at all on a resolution concerning
(1) additional services requested by the pension committee under the second paragraph of section 139.6;
(2) a mandate to be given to a consultant hired to advise the committee;
(3) the approval of the financial statements of the plan; or
(4) any matter entailing an increase in the cost of the plan or a budget overrun for Retraite Québec.
In addition, any decision of the pension committee concerning the investment policy, the financing policy, the regulations, including the rates of interest applicable, or the selection of the chair must be made by a majority of the members present, including two members from the Syndicat des agents de la paix en services correctionnels du Québec.
2013, c. 9, s. 40; 2015, c. 20, s. 61.