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

Section 64 Disposition versions

2024-02-22

64. The termination report referred to in section 207.2 of the Act must in addition indicate the following information:

(1)  the value of the plan’s assets established without taking into account the balance of the gains recorded in the reserve pursuant to the first paragraph of section 14 of the Act to foster the financial health and sustainability of municipal defined-benefit pension plans (chapter S-2.1.1);

(2)  if the plan has gains referred to in paragraph 1:

(a)  the balance of those gains on the termination date;

(b)  a summary of the provisions of the plan related to the allocation of the balance of those gains, or a mention that the plan has no such provisions;

(c)  a description of the allocation of the balance of those gains.

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

O.C. 46-2024, s. 64.

Not in force

In force: 2024-02-22

64. The termination report referred to in section 207.2 of the Act must in addition indicate the following information:

(1)  the value of the plan’s assets established without taking into account the balance of the gains recorded in the reserve pursuant to the first paragraph of section 14 of the Act to foster the financial health and sustainability of municipal defined-benefit pension plans (chapter S-2.1.1);

(2)  if the plan has gains referred to in paragraph 1:

(a)  the balance of those gains on the termination date;

(b)  a summary of the provisions of the plan related to the allocation of the balance of those gains, or a mention that the plan has no such provisions;

(c)  a description of the allocation of the balance of those gains.

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

O.C. 46-2024, s. 64.