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R-15.1, r. 6.1 - Regulation respecting supplemental pension plans affected by the arrangement regarding AbitibiBowater Inc. under the Companies’ Creditors Arrangement Act
Section 46.11
Disposition versions
46.11. The value of the benefits, for the purposes of settling the benefits of the members and beneficiaries who have opted to have a pension paid by Retraite Québec from the assets administered by Retraite Québec, shall be determined after 1 July of the year following the one for which the payment option is chosen.
The pension committee shall proceed to pay the benefits within 5 working days following the date on which their value is calculated but no later than 15 July.
46.11. The value of the benefits, for the purposes of settling the benefits of the members and beneficiaries who have opted to have a pension paid by the Régie from the assets administered by the Régie, shall be determined after 1 July of the year following the one for which the payment option is chosen.
The pension committee shall proceed to pay the benefits within 5 business days following the date on which their value is calculated but no later than 15 July.
