R-15.1, r. 1.1 - Regulation respecting the funding of certain Kruger Inc. pension plans

Section 8 Disposition versions

2015-06-04

8. The employer contribution that an employer must pay into the account of the affected component of a pension plan during the fiscal year following the date of an actuarial valuation corresponds to the total of the amortization payment determined in respect of the discounted projected actuarial deficiencies for the affected component, as determined on the date of the actuarial valuation, and the special amortization payments payable during the fiscal year.

However, for the 2013, 2014 and 2015 fiscal years for each of the pension plans registered with the Régie des rentes du Québec under numbers 20637 and 25451, the employer contribution to be paid into the account of the affected component of the pension plan corresponds to 53% of the amortization payment determined in respect of the discounted projected actuarial deficiencies for the affected component, as determined on the date of the valuation, plus the total of the special amortization payments payable during the fiscal year.

The application of the provisions of the second paragraph is conditional to the employer obtaining the consent of the representatives of the plan members. The consent must be submitted with the report on the first actuarial valuation that gives effect to those provisions.

O.C. 1110-2013, s. 8; O.C. 395-2015, s. 1.

2013-11-28

8. The employer contribution that an employer must pay into the account of the affected component of a pension plan during the fiscal year following the date of an actuarial valuation corresponds to the total of the amortization payment determined in respect of the discounted projected actuarial deficiencies for the affected component, as determined on the date of the actuarial valuation, and the special amortization payments payable during the fiscal year.

O.C. 1110-2013, s. 8.