R-10, r. 7 - Regulation respecting the partition and assignment of benefits accrued under the Government and Public Employees Retirement Plan

Section 14 Disposition versions

2016-01-01

14. Retraite Québec shall transfer the sums awarded to the spouse into an annuity contract, a locked-in retirement account or a life income fund where those sums come from an entitlement to a pension, to a deferred pension or to a pension credit.

Notwithstanding the foregoing, Retraite Québec shall transfer those sums into a registered retirement savings plan or into a registered retirement income fund where those sums come from an entitlement to a refund of contributions or, upon application by the spouse, into an annuity contract, a locked-in retirement account or a life income fund.

Notwithstanding the first and second paragraphs, those sums shall be paid to the spouse’s successors in the event of the spouse’s death.

O.C. 351-91, s. 14; O.C. 1191-95, s. 5.

2012-09-01

14. The Commission shall transfer the sums awarded to the spouse into an annuity contract, a locked-in retirement account or a life income fund where those sums come from an entitlement to a pension, to a deferred pension or to a pension credit.

Notwithstanding the foregoing, the Commission shall transfer those sums into a registered retirement savings plan or into a registered retirement income fund where those sums come from an entitlement to a refund of contributions or, upon application by the spouse, into an annuity contract, a locked-in retirement account or a life income fund.

Notwithstanding the first and second paragraphs, those sums shall be paid to the spouse’s successors in the event of the spouse’s death.

O.C. 351-91, s. 14; O.C. 1191-95, s. 5.