R-15.1, r. 2 - Regulation respecting the funding of pension plans of the municipal and university sectors

Section 38.16 Disposition versions

2013-12-19

38.16. The report on the actuarial valuation of a pension plan must present the information related to the new component of the plan separately from the information related to the other component.

The part of the report that concerns the new component of the plan must provide, where applicable, an estimate of the member contributions to be paid into the other component of the plan for the 3 fiscal years following the actuarial valuation.

Where the new component of the pension plan has a stabilization fund, that part must also provide

(1)  the value of the fund as at the date of the actuarial valuation;

(2)  the reconciliation of the fund since the previous actuarial valuation, specifying the inflows and outflows provided for under 38.15;

(3)  an estimate of the stabilization contributions to be paid by the members for the 3 fiscal years following the actuarial valuation;

(4)  an estimate of the stabilization contributions to be paid by the employer for the 3 fiscal years following the actuarial valuation;

(5)  in the case of a partial valuation where the stabilization fund has been appropriated to the payment of all or part of an increase in benefits, the amounts withdrawn from the stabilization fund for the purpose of the payment of the increase and the certification of the actuary certifying that the conditions provided for under section 38.13 would be met were an actuarial valuation of the whole pension plan carried out;

(6)  the net balance of the amounts advanced by the stabilization fund to the general account as at the date of the valuation.

O.C. 1203-2013, s. 1.