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R-15.1, r. 1.2 - Regulation respecting the funding of multi-jurisdictional defined benefit pension plans
Section 19
Disposition versions
19. For the purposes of section 10, the amortization period of a solvency deficiency determined as a multi-employer pension plan to which Chapter X.2 of the Act applies expires at the end of a fiscal year of the pension plan that ends not later than 10 years after the date of the actuarial valuation.
In addition, for the purposes of subparagraph 2 of the second paragraph of section 8, the current value of the amortization payments provided for at the date of the actuarial valuation must be taken into account to amortize, in the 10 years following that date, any funding deficiency.
In force: 2019-04-25
19. For the purposes of section 10, the amortization period of a solvency deficiency determined as a multi-employer pension plan to which Chapter X.2 of the Act applies expires at the end of a fiscal year of the pension plan that ends not later than 10 years after the date of the actuarial valuation.
In addition, for the purposes of subparagraph 2 of the second paragraph of section 8, the current value of the amortization payments provided for at the date of the actuarial valuation must be taken into account to amortize, in the 10 years following that date, any funding deficiency.
