R-15.1, r. 4 - Regulation respecting measures to reduce the effects of the financial crisis on pension plans covered by the Supplemental Pension Plans Act

Section 26 Disposition versions

2012-09-01

26. To calculate the amount referred to in the third paragraph of section 230.0.0.9 of the Act in case of termination of the pension plan, section 7 must read by replacing

(1)  in the part of the second paragraph preceding the formula, “any subsequent actuarial valuation” by “the plan’s termination”;

(2)  the last sentence of the third paragraph by the following: “Where the date of the last actuarial valuation or the date of termination of the plan does not correspond to the date of the end of a fiscal year of the plan, only the monthly payments related to amortization payments, current service contributions and the special amortization payments that became due during the period starting the day following the last actuarial valuation and ending on the date of termination are taken into account.”.

O.C. 1153-2009, s. 26.