R-15.1, r. 1.3 - Regulation respecting the funding of defined-benefit pension plans of the municipal and university sectors

Section 45 Disposition versions

2024-02-22

45. The balance of the stabilization fund at the end of a fiscal year is determined by applying the following adjustments to the balance of the fund at the end of the preceding fiscal year:

(1)  the stabilization contributions paid during the fiscal year are added;

(2)  the actuarial gains transferred from the general account at the date of a complete actuarial valuation are added;

(3)  the amounts transferred to the general account to pay all or part of the technical actuarial deficiency or the required amortization payments with regard to the deficiency are subtracted;

(4)  the amounts used for the appropriation of surplus assets are subtracted.

For the purposes of this section, the return derived from the investment of the assets of the subsequent component must be taken into account.

O.C. 46-2024, s. 45.

Not in force

In force: 2024-02-22

45. The balance of the stabilization fund at the end of a fiscal year is determined by applying the following adjustments to the balance of the fund at the end of the preceding fiscal year:

(1)  the stabilization contributions paid during the fiscal year are added;

(2)  the actuarial gains transferred from the general account at the date of a complete actuarial valuation are added;

(3)  the amounts transferred to the general account to pay all or part of the technical actuarial deficiency or the required amortization payments with regard to the deficiency are subtracted;

(4)  the amounts used for the appropriation of surplus assets are subtracted.

For the purposes of this section, the return derived from the investment of the assets of the subsequent component must be taken into account.

O.C. 46-2024, s. 45.