R-15.1, r. 1.3 - Regulation respecting the funding of defined-benefit pension plans of the municipal and university sectors

Section 63 Disposition versions

2024-02-22

63. The report referred to in the second paragraph of section 202 of the Act must in addition indicate

(1)  the stabilization contributions required and those paid by the employer and the members for the period between the end date of the fiscal year of the plan and the date of withdrawal, by distinguishing the contributions related to the employer concerned from those related to all the other employers;

(2)  the value of the liabilities related to the benefits of members and beneficiaries whose pension indexation at retirement was amended pursuant to section 21 of the Act respecting the restructuring of university-sector defined-benefit pension plans (chapter R-26.2.1) or suspended pursuant to section 16 of the Act to foster the financial health and sustainability of municipal defined-benefit pension plans (chapter S-2.1.1), with the mention that the annuities paid to those members and beneficiaries on the date of withdrawal were annuity buy-ins guaranteed by an insurer under the conditions provided for in section 67 and that they remain members and beneficiaries of the pension plan.

O.C. 46-2024, s. 63.

Not in force

In force: 2024-02-22

63. The report referred to in the second paragraph of section 202 of the Act must in addition indicate

(1)  the stabilization contributions required and those paid by the employer and the members for the period between the end date of the fiscal year of the plan and the date of withdrawal, by distinguishing the contributions related to the employer concerned from those related to all the other employers;

(2)  the value of the liabilities related to the benefits of members and beneficiaries whose pension indexation at retirement was amended pursuant to section 21 of the Act respecting the restructuring of university-sector defined-benefit pension plans (chapter R-26.2.1) or suspended pursuant to section 16 of the Act to foster the financial health and sustainability of municipal defined-benefit pension plans (chapter S-2.1.1), with the mention that the annuities paid to those members and beneficiaries on the date of withdrawal were annuity buy-ins guaranteed by an insurer under the conditions provided for in section 67 and that they remain members and beneficiaries of the pension plan.

O.C. 46-2024, s. 63.