Consolidated Statutes and Regulations
Consolidated Statutes
Consolidated Regulations
Annual Statutes and Regulations
Annual Statutes
Annual Regulations
Additional information
Québec Official Publisher
What’s new?
Information note
Policy of the Minister of Justice
Laws: Amendments
Laws: Provisions not in force
Laws: Provisions brought into force
Annual Statutes: PDF versions since 1996
Regulations: Amendments
Annual Regulations: PDF versions since 1996
Court Decisions
R-10, r. 2 - Regulation under the Act respecting the Government and Public Employees Retirement Plan
Schedule
Disposition versions
SCHEDULE I
(ss. 22, 23, 25 and 30)
ACTUARIAL HYPOTHESES
(1) Rate of indexation:
(a) according to the increase in the Consumer Price Index:
First year 1.5%
2nd year 1.9%
3th year 0.9%
4th year 1.8%
5th year 2.0%
6th year 2.3%
7th year 2.6%
8th year 2.9%
9th year 3.2%
10th year 3.5%
11th year 3.8%
12th year 4.1%
13th year 4.4%
14th year and following 4.5%
(b) according to the excess in the Consumer Price Index over 3%:
First year 0.0%
2nd year 0.0%
3th year 0.0%
4th year 0.0%
5th year 0.0%
6th year 0.0%
7th year 0.1%
8th year 0.4%
9th year 0.7%
10th year 1.0%
11th year 1.3%
12th year 1.6%
13th year 1.9%
14th year and following 2.0%
(2) Nominal interest rate:
First year 5.1%
2nd year 4.4%
3th year 5.5%
4th year 5.5%
5th year 5.8%
6th year 6.1%
7th year 6.4%
8th year 6.7%
9th year 7.0%
10th year 7.3%
11th year 7.6%
12th year 8.0%
13th year 8.0%
14th year and following 8.0%
(3) Salary increase:
First year 1.0%
2nd year 1.0%
3th year 2.0%
4th year 2.0%
5th year 2.5%
6th year 3.0%
7th year 3.5%
8th year 4.0%
9th year 4.5%
10th year 5.0%
11th year 5.5%
12th year 6.0%
13th year 6.0%
14th year and following 6.0%
(3.1) Promotional salary increase:
Years of service Rate
0 0.0350
1 0.0319
2 0.0290
3 0.0263
4 0.0237
5 0.0213
6 0.0191
7 0.0171
8 0.0152
9 0.0135
10 0.0119
11 0.0105
12 0.0092
13 0.0081
14 0.0071
15 0.0062
16 0.0054
17 0.0047
18 0.0041
19 0.0036
20 0.0032
21 0.0028
22 0.0025
23 0.0023
24 0.0022
25 0.0021
26 0.0021
27 or + 0.0021
(4) Mortality rate for retired persons and non-active members:
(a) Males: UP 1994 H (The 1994 Uninsured Pensioner Mortality Table, Transactions of the Society of Actuaries, Vol. XLVII, pp. 819 and 863) × 115%;
(b) Females: UP 1994 F (The 1994 Uninsured Pensioner Mortality Table, Transactions of the Society of Actuaries, Vol. XLVII, pp. 819 and 863) × 95%;
(c) Rates projected over 4 years using scale AA (US Projection scale, Transactions of the Society of Actuaries, Vol. XLVII) for rates applicable to the first year.
(5) Mortality rate of active members:
(a) Males: UP 1994 H (The 1994 Uninsured Pensioner Mortality Table, Transactions of the Society of Actuaries, Vol. XLVII, pp. 819 and 863) × 125%;
(b) Females: UP 1994 F (The 1994 Uninsured Pensioner Mortality Table, Transactions of the Society of Actuaries, Vol. XLVII, pp. 819 and 863) × 115%;
(c) Rates projected over 8 years using scale AA (US Projection scale, Transactions of the Society of Actuaries, Vol. XLVII) for rates applicable to each year.
(6) Mortality rate of surviving spouses:
(a) Males: UP 1994 H (The 1994 Uninsured Pensioner Mortality Table, Transactions of the Society of Actuaries, Vol. XLVII, pp. 819 and 863) × 125%;
(b) Females: UP 1994 F (The 1994 Uninsured Pensioner Mortality Table, Transactions of the Society of Actuaries, Vol. XLVII, pp. 819 and 863) × 110%;
(c) Rates projected over 4 years using scale AA (US Projection scale, Transactions of the Society of Actuaries, Vol. XLVII) for rates applicable to the first year.
(7) Improvement in the life expectancy of retired employees, surviving spouses and non-active members: using scale AA (US Projection scale, Transactions of the Society of Actuaries, Vol. XLVII).
(8) Retirement rate (male and female):
Age 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69
Service
1 3 3 3 3 3 3 5 5 12 12 55 30 30 30 100
2 3 3 3 3 3 3 5 5 12 12 55 30 30 30 100
3 3 3 3 3 3 3 5 5 12 12 55 30 30 30 100
4 3 3 3 3 3 3 5 5 12 12 55 30 30 30 100
5 3 3 3 3 3 3 5 5 12 12 55 30 30 30 100
6 3 3 3 5 5 5 5 5 12 12 55 30 30 30 100
7 3 3 3 5 5 5 5 5 12 12 55 30 30 30 100
8 3 3 3 5 5 12 12 12 12 12 55 30 30 30 100
9 3 3 3 5 5 12 12 12 12 12 55 30 30 30 100
10 3 3 3 5 5 12 12 35 35 35 55 30 30 30 100
11 3 3 3 5 5 12 12 35 20 20 55 30 30 30 100
12 3 3 3 5 5 12 12 35 20 20 55 30 30 30 100
13 3 3 3 5 5 12 12 35 20 20 55 30 30 30 100
14 3 3 3 5 5 12 12 35 20 20 55 30 30 30 100
15 3 3 3 5 5 12 12 35 20 20 55 30 30 30 100
16 3 5 5 5 5 12 12 35 20 20 55 30 30 30 100
17 3 5 5 5 5 12 12 35 20 20 55 30 30 30 100
18 3 5 5 12 12 12 12 35 20 20 55 30 30 30 100
19 3 5 5 12 12 12 12 35 20 20 55 30 30 30 100
20 3 5 5 12 12 35 35 35 20 20 55 30 30 30 100
21 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
22 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
23 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
24 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
25 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
26 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
27 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
28 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
29 3 5 5 12 12 35 20 20 20 20 55 30 30 30 100
30 3 5 5 12 12 45 35 35 35 35 55 30 30 30 100
31 5 5 5 12 12 45 35 35 35 35 55 30 30 30 100
32 5 5 5 12 12 45 35 35 35 35 55 30 30 30 100
33 12 12 12 12 12 45 35 35 35 35 55 30 30 30 100
34 12 12 12 12 12 45 35 35 35 35 55 30 30 30 100
35 70 70 70 70 70 70 70 70 70 70 70 30 30 30 100
36 70 30 30 30 30 30 30 30 30 30 30 30 30 30 100
37 70 30 30 30 30 30 30 30 30 30 30 30 30 30 100
38 70 30 30 30 30 30 30 30 30 30 30 30 30 30 100
39 70 30 30 30 30 30 30 30 30 30 30 30 30 30 100
40 70 30 30 30 30 30 30 30 30 30 30 30 30 30 100
(9) Withdrawal rate (male and female):
Select service
Service Rate
0 0.2400
1 0.0800
2 0.0400
3 0.0300
4 0.0200
Maximum service
Age Male Female
21 0.0220 0.0210
22 0.0210 0.0200
23 0.0200 0.0190
24 0.0190 0.0170
25 0.0180 0.0160
26 0.0170 0.0150
27 0.0160 0.0140
28 0.0150 0.0130
29 0.0140 0.0120
30 0.0130 0.0110
31 0.0120 0.0100
32 0.0120 0.0100
33 0.0110 0.0090
34 0.0100 0.0080
35 0.0100 0.0080
36 0.0090 0.0080
37 0.0090 0.0070
38 0.0080 0.0070
39 0.0080 0.0070
40 0.0080 0.0060
41 0.0070 0.0060
42 0.0070 0.0060
43 0.0070 0.0060
44 0.0070 0.0060
45 0.0070 0.0070
46 0.0070 0.0070
47 0.0070 0.0070
48 0.0070 0.0070
49 0.0070 0.0080
50 0.0070 0.0080
51 0.0080 0.0090
52 0.0080 0.0090
53 0.0080 0.0100
54 0.0090 0.0110
55 0.0000 0.0000
56 0.0000 0.0000
57 0.0000 0.0000
58 0.0000 0.0000
59 0.0000 0.0000
(10) Proportion of members having a spouse at death:
Age Male Female
18 0.018 0.077
19 0.036 0.125
20 0.065 0.200
21 0.109 0.269
22 0.166 0.327
23 0.251 0.374
24 0.366 0.412
25 0.447 0.442
26 0.484 0.466
27 0.519 0.484
28 0.551 0.498
29 0.582 0.510
30 0.610 0.520
31 0.636 0.530
32 0.660 0.541
33 0.681 0.551
34 0.701 0.562
35 0.719 0.571
36 0.735 0.581
37 0.749 0.589
38 0.762 0.597
39 0.774 0.604
40 0.784 0.611
41 0.794 0.617
42 0.802 0.621
43 0.810 0.625
44 0.817 0.628
45 0.823 0.630
46 0.829 0.630
47 0.835 0.629
48 0.840 0.627
49 0.844 0.624
50 0.848 0.621
51 0.852 0.616
52 0.856 0.612
53 0.859 0.606
54 0.862 0.599
55 0.864 0.591
56 0.866 0.581
57 0.866 0.571
58 0.866 0.559
59 0.866 0.547
60 0.864 0.534
61 0.860 0.520
62 0.856 0.505
63 0.851 0.488
64 0,845 0,469
65 0.837 0.447
66 0.829 0.421
67 0.820 0.394
68 0.810 0.365
69 0.800 0.336
70 0.789 0.309
71 0.777 0.284
72 0.765 0.262
73 0.753 0.242
74 0.739 0.225
75 0.725 0.210
76 0.710 0.196
77 0.694 0.185
78 0.676 0.173
79 0.658 0.162
80 0.638 0.150
81 0.618 0.137
82 0.596 0.122
83 0.573 0.107
84 0.549 0.091
85 0.524 0.076
86 0.498 0.061
87 0.470 0.047
88 0.441 0.035
89 0.411 0.024
90 0.380 0.016
91 0.344 0.010
92 0.302 0.006
93 0.262 0.004
94 0.224 0.003
95 0.189 0.002
96 0.157 0.002
97 0.127 0.001
98 0.101 0.001
99 0.078 0.001
100 0.059 0.000
101 0.043 0.000
102 0.031 0.000
103 0.021 0.000
104 0.014 0.000
105 0.009 0.000
106 0.006 0.000
107 0.003 0.000
108 0.002 0.000
109 0.001 0.000
110 0.000 0.000
(11) Age of spouse:
i. the male spouse of a member is presumed to be 1 year older;
ii. the female spouse of a member is presumed to be 4 years younger.
