12. The Board shall be a mandatary of the State.
The Board shall have the capacity of a legal person and shall be vested with such specific powers as are granted to it by law.
In addition to administering the Québec Pension Plan, the Board is responsible, among other things, for encouraging financial planning for retirement. To that end, it promotes the establishment and improvement of pension plans.
In particular, the Board may carry out or cause to be carried out research and studies in any field to which an Act administered by the Board applies, and make recommendations to the Minister responsible for the application of that Act. The Board may also, in any field related to its powers and jurisdiction, carry out any mandate and exercise any function conferred on it by the Government or a minister and the costs of which are borne by the latter.
1965 (1st sess.), c. 24, s. 12; 1983, c. 12, s. 1; 1992, c. 44, s. 81; 1994, c. 12, s. 67; 1997, c. 63, s. 128; 1997, c. 73, s. 4; 1999, c. 40, s. 249; 2001, c. 44, s. 30; 2002, c. 52, s. 1; 2011, c. 36, s. 1.