R-15.1, r. 7 - Regulation respecting the exemption of certain categories of pension plans from the application of provisions of the Supplemental Pension Plans Act

Section 35.1 Disposition versions

2024-11-21

35.1. The first part of the annual statement provided for in section 112 of the Act, which is sent to a non-active member who has already made optional ancillary contributions, shall contain, in addition to the information required by the Regulation respecting supplemental pension plans (chapter R-15.1, r. 6) with respect to the statement sent to a non-active member, the following information:

(1)  where a member has exercised options related to the optional ancillary benefits, the nature of the benefits chosen;

(2)  where a member is entitled to a deferred pension:

(a)  the optional ancillary contributions entered separately in the member’s account during the fiscal year concerned and, since the member has joined the plan, the total of the contributions accrued with interest at the end of the fiscal year;

(b)  the optional ancillary contributions converted into optional ancillary benefits during the fiscal year;

(c)  the optional ancillary contributions that were subject to partition or a transfer of the member’s benefits or seizure for non-payment of support during the fiscal year;

(d)  the member’s optional ancillary contributions balance account with interest accrued at the ending date of the fiscal year;

(3)  where the circumstances warrant and at least once every 3 years, the optional ancillary contributions at the ending date of the fiscal year that could not be converted into additional optional benefits by supposing that the member exercised his or her transfer right on that date and that the optional ancillary contributions are converted at the optimum value of the options available under the plan.

O.C. 1151-2002, s. 26; O.C. 1535-2024, s. 17.

2012-09-01

35.1. The first part of the annual statement provided for in section 112 of the Act, which is sent to a non-active member who has already made optional ancillary contributions, shall contain, in addition to the information required by the Regulation respecting supplemental pension plans (chapter R-15.1, r. 6) with respect to the statement sent to a non-active member, the following information:

(1)  where a member has exercised options related to the optional ancillary benefits, the nature of the benefits chosen;

(2)  where a member is entitled to a deferred pension, the total of the optional ancillary benefits entered separately to the member’s account, with interest accrued to the end of the fiscal year;

(3)  where the circumstances warrant and at least once every 3 years, the optional ancillary contributions at the ending date of the fiscal year, determined by taking into account the options exercised with respect to the benefits referred to in paragraph 1 and, where the member did not exercise any option related to the optional ancillary contributions, by supposing that such contributions were converted at the optimal value of the options available under the plan.

O.C. 1151-2002, s. 26.