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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 67
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67. The annuity paid by the pension plan on the date of withdrawal of an employer to every member or beneficiary referred to in section 66 must be guaranteed by an insurer, except for the automatic pension indexation that was amended or suspended and of any other characteristic of the pension that is unavailable on the market, by means of buy-in annuity contracts.
The provisions of section 237 of the Act do not apply to the purchase of those annuities.
O.C. 46-2024, s. 67.
In force: 2024-02-22
67. The annuity paid by the pension plan on the date of withdrawal of an employer to every member or beneficiary referred to in section 66 must be guaranteed by an insurer, except for the automatic pension indexation that was amended or suspended and of any other characteristic of the pension that is unavailable on the market, by means of buy-in annuity contracts.
The provisions of section 237 of the Act do not apply to the purchase of those annuities.
O.C. 46-2024, s. 67.
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