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R-15.1, r. 1.3 - Regulation respecting the funding of defined-benefit pension plans of the municipal and university sectors
Section 23
Disposition versions
23. A pension plan that was subject to an amendment to establish a stabilization fund has, as of the effective date of the amendment which is called “date of segregation of the pension fund”, 2 separate components:
(1) a prior component related to service completed before the date of segregation of the pension fund to which the provisions of Subdivision 2 of this Division apply;
(2) a subsequent component related to service completed as of the date of segregation of the pension fund to which the provisions of Subdivision 3 of this Division apply.
In force: 2024-02-22
23. A pension plan that was subject to an amendment to establish a stabilization fund has, as of the effective date of the amendment which is called “date of segregation of the pension fund”, 2 separate components:
(1) a prior component related to service completed before the date of segregation of the pension fund to which the provisions of Subdivision 2 of this Division apply;
(2) a subsequent component related to service completed as of the date of segregation of the pension fund to which the provisions of Subdivision 3 of this Division apply.
