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 47 Disposition versions

2016-01-01

47. For each fiscal year of a pension plan ending between 30 December 2011 and 1 January 2021, the second part of the annual statement provided for in section 112 of the Act for the affected component of a pension plan must indicate:

(1)  the degree of solvency of the component, determined without taking into account section 6, at the date of the most recent actuarial valuation whose report has been sent to Retraite Québec;

(2)  the overall degree of solvency and the overall target degree of solvency at the date of the last actuarial valuation for which a global report has been sent to Retraite Québec;

(3)  the information listed in subparagraphs 2 to 5 of the first paragraph of section 59.0.2 of the Regulation respecting supplemental pension plans (chapter R-15.1, r. 6);

(4)  if a supplemental sum is required due to the difference between the overall degree of solvency and the overall target degree of solvency, a mention of that fact;

(5)  (paragraph revoked);

(6)  (paragraph revoked);

(7)  a mention that the period during which the specific funding rules of the affected component of the pension plan apply ends not later than 31 December 2020 and the funding rules under the Act shall apply thereafter, such that the solvency deficiency determined at that time may be amortized over the maximum period permitted by the Act.

O.C. 856-2011, s. 47; O.C. 299-2014, s. 14.

2014-04-09

47. For each fiscal year of a pension plan ending between 30 December 2011 and 1 January 2021, the second part of the annual statement provided for in section 112 of the Act for the affected component of a pension plan must indicate:

(1)  the degree of solvency of the component, determined without taking into account section 6, at the date of the most recent actuarial valuation whose report has been sent to the Régie;

(2)  the overall degree of solvency and the overall target degree of solvency at the date of the last actuarial valuation for which a global report has been sent to the Régie;

(3)  the information listed in subparagraphs 2 to 5 of the first paragraph of section 59.0.2 of the Regulation respecting supplemental pension plans (chapter R-15.1, r. 6);

(4)  if a supplemental sum is required due to the difference between the overall degree of solvency and the overall target degree of solvency, a mention of that fact;

(5)  (paragraph revoked);

(6)  (paragraph revoked);

(7)  a mention that the period during which the specific funding rules of the affected component of the pension plan apply ends not later than 31 December 2020 and the funding rules under the Act shall apply thereafter, such that the solvency deficiency determined at that time may be amortized over the maximum period permitted by the Act.

O.C. 856-2011, s. 47; O.C. 299-2014, s. 14.

2012-09-01

47. For each fiscal year of a pension plan ending between 30 December 2011 and 1 January 2021, the second part of the annual statement provided for in section 112 of the Act for the affected component of a pension plan must indicate:

(1)  the degree of solvency of the component, determined without taking into account section 6, at the date of the most recent actuarial valuation whose report has been sent to the Régie;

(2)  the overall degree of solvency and the overall target degree of solvency at the date of the last actuarial valuation for which a global report has been sent to the Régie;

(3)  the information listed in subparagraphs 2 to 5 of the first paragraph of section 59.0.2 of the Regulation respecting supplemental pension plans (chapter R-15.1, r. 6);

(4)  if an additional contribution or supplemental sum is required due to the difference between the overall degree of solvency and the overall target degree of solvency, a mention of that fact;

(5)  if corrective measures are to be taken due to the difference between the overall degree of solvency and the overall target degree of solvency, a mention of that fact;

(6)  unless the measures have been described in a previous annual statement, a description of the corrective measures which have been agreed upon in accordance with section 32 and their objective;

(7)  a mention that the period during which the specific funding rules of the affected component of the pension plan apply ends not later than 31 December 2020 and the funding rules under the Act shall apply thereafter, such that the solvency deficiency determined at that time may be amortized over the maximum period permitted by the Act.

O.C. 856-2011, s. 47.