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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 70
Disposition versions
70. Where, on the date of termination, a plan has no provisions on the allocation of the balance of the gains referred to in section 69, Retraite Québec may, despite section 207.6 of the Act, after that date, register an amendment to the plan made, after that date, further to an agreement on the use of the balance of the gains recorded in the reserve referred to in the first paragraph of section 14 of the Act to foster the financial health and sustainability of municipal defined-benefit pension plans (chapter S-2.1.1).
The value of such an amendment must not be considered in the liabilities referred to in section 212.1 of the Act.
In force: 2024-02-22
70. Where, on the date of termination, a plan has no provisions on the allocation of the balance of the gains referred to in section 69, Retraite Québec may, despite section 207.6 of the Act, after that date, register an amendment to the plan made, after that date, further to an agreement on the use of the balance of the gains recorded in the reserve referred to in the first paragraph of section 14 of the Act to foster the financial health and sustainability of municipal defined-benefit pension plans (chapter S-2.1.1).
The value of such an amendment must not be considered in the liabilities referred to in section 212.1 of the Act.
