R-15.1, r. 4 - Regulation respecting measures to reduce the effects of the financial crisis on pension plans covered by the Supplemental Pension Plans Act

Section 17 Disposition versions

2012-09-01

17. For the purposes of the second paragraph of section 128 and paragraph 1 of section 130 of the Act, enacted by section 11 of chapter 42 of the Statutes of 2006, the following amortization payments are to be taken into account:

(1)  if instructions were given to the pension committee to apply the measure provided for in paragraph 2 of section 2, amortization payments related to any actuarial deficiency concerning an amendment made after 30 December 2008 and determined before the date of valuation, and those related to technical actuarial deficiencies determined by taking into account the funding relief measures;

(2)  if not, amortization payments related to any improvement unfunded actuarial liability, those related to technical actuarial deficiencies resulting from deficiencies determined before the date of the actuarial valuation referred to in section 2, and those related to technical actuarial deficiencies determined by taking into account the funding relief measures.

O.C. 1153-2009, s. 17.