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R-15.1, r. 1.3 - Regulation respecting the funding of defined-benefit pension plans of the municipal and university sectors
Section 40
Disposition versions
40. Despite the provisions of this Subdivision, a pension plan referred to in section 17 of the Act respecting the restructuring of university-sector defined-benefit pension plans (chapter R-26.2.1), may be amended to convert, at a date not prior to the date on which the amendment is made, the reserve into a stabilization fund. The actuarial valuation that considers the amendment for the first time must be complete.
The actuarial gains determined at the date of the actuarial valuation in accordance with section 36 must be transferred into the stabilization fund.
In force: 2024-02-22
40. Despite the provisions of this Subdivision, a pension plan referred to in section 17 of the Act respecting the restructuring of university-sector defined-benefit pension plans (chapter R-26.2.1), may be amended to convert, at a date not prior to the date on which the amendment is made, the reserve into a stabilization fund. The actuarial valuation that considers the amendment for the first time must be complete.
The actuarial gains determined at the date of the actuarial valuation in accordance with section 36 must be transferred into the stabilization fund.
