R-15.1, r. 6 - Regulation respecting supplemental pension plans

Section 13.0.2 Disposition versions

2019-12-31

13.0.2. From 31 December 2002, the amount payable for an active member or for a member or beneficiary under paragraph 3 or 4 of section 13 or pursuant to section 13.0.1 shall be adjusted on 31 December of each year by multiplying the amount payable before that date by the ratio that the average, for the 12-month period ending on 30 June of the current year, of the average weekly salaries and wages for the Industrial Composite in Canada for each of the months comprised in that period, as published by Statistics Canada pursuant to the Statistics Act (R.S.C. 1985, c. S-19) bears to the average, for the 12-month period ending at the end of June of the year immediately preceding the current year, of the average weekly salaries and wages for the Industrial Composite in Canada, as published by Statistics Canada pursuant to the Statistics Act. The product of the multiplication shall be increased or decreased to the next multiple of $0.05.

The amount thus determined may not be less than the amount that was payable before the adjustment.

Retraite Québec gives public notice of the result of the adjustment made under this section in Part 1 of the Gazette officielle du Québec and, if Retraite Québec considers it expedient, by any other means.

The adjustment provided for in the first paragraph applies to any annual statement pertaining to a fiscal year ending during the 12-month period for which the adjustment is made.

O.C. 173-2002, s. 9; O.C. 500-2014, s. 3.

2016-01-01

13.0.2. From 31 December 2002, the amount payable for an active member or for a member or beneficiary under paragraph 3 or 4 of section 13 or pursuant to the first paragraph of section 13.0.1 shall be adjusted on 31 December of each year by multiplying the amount payable before that date by the ratio that the average, for the 12-month period ending on 30 June of the current year, of the average weekly salaries and wages for the Industrial Composite in Canada for each of the months comprised in that period, as published by Statistics Canada pursuant to the Statistics Act (R.S.C. 1985, c. S-19) bears to the average, for the 12-month period ending at the end of June of the year immediately preceding the current year, of the average weekly salaries and wages for the Industrial Composite in Canada, as published by Statistics Canada pursuant to the Statistics Act. The product of the multiplication shall be increased or decreased to the next multiple of $0.05.

The amount thus determined may not be less than the amount that was payable before the adjustment.

Retraite Québec gives public notice of the result of the adjustment made under this section in Part 1 of the Gazette officielle du Québec and, if Retraite Québec considers it expedient, by any other means.

The adjustment provided for in the first paragraph applies to any annual statement pertaining to a fiscal year ending during the 12-month period for which the adjustment is made.

O.C. 173-2002, s. 9; O.C. 500-2014, s. 3.

The striking out “the first paragraph of” in the first paragraph after “of section 13 pursuant to” applies to the fiscal year ending after 30 December 2019.

2014-07-01

13.0.2. From 31 December 2002, the amount payable for an active member or for a member or beneficiary under paragraph 3 or 4 of section 13 or pursuant to section 13.0.1 shall be adjusted on 31 December of each year by multiplying the amount payable before that date by the ratio that the average, for the 12-month period ending on 30 June of the current year, of the average weekly salaries and wages for the Industrial Composite in Canada for each of the months comprised in that period, as published by Statistics Canada pursuant to the Statistics Act (R.S.C. 1985, c. S-19) bears to the average, for the 12-month period ending at the end of June of the year immediately preceding the current year, of the average weekly salaries and wages for the Industrial Composite in Canada, as published by Statistics Canada pursuant to the Statistics Act. The product of the multiplication shall be increased or decreased to the next multiple of $0.05.

The amount thus determined may not be less than the amount that was payable before the adjustment.

The Régie gives public notice of the result of the adjustment made under this section in Part 1 of the Gazette officielle du Québec and, if the Régie considers it expedient, by any other means.

The adjustment provided for in the first paragraph applies to any annual statement pertaining to a fiscal year ending during the 12-month period for which the adjustment is made.

O.C. 173-2002, s. 9; O.C. 500-2014, s. 3.

2012-09-01

13.0.2. From 31 December 2002, the amount payable for an active member or for a member or beneficiary under paragraph 2, 3 or 4 of section 13 or pursuant to the first paragraph of section 13.0.1 shall be adjusted on 31 December of each year by multiplying the amount payable before that date by the ratio that the average, for the 12-month period ending on 30 June of the current year, of the average weekly salaries and wages for the Industrial Composite in Canada for each of the months comprised in that period, as published by Statistics Canada pursuant to the Statistics Act (R.S.C. 1985, c. S-19) bears to the average, for the 12-month period ending at the end of June of the year immediately preceding the current year, of the average weekly salaries and wages for the Industrial Composite in Canada, as published by Statistics Canada pursuant to the Statistics Act. The product of the multiplication shall be increased or decreased to the next multiple of $0.05.

The amount thus determined may not be less than the amount that was payable before the adjustment.

The Régie gives public notice of the result of the adjustment made under this section in Part 1 of the Gazette officielle du Québec and, if the Régie considers it expedient, by any other means.

The adjustment provided for in the first paragraph applies to any annual statement pertaining to a fiscal year ending during the 12-month period for which the adjustment is made.

O.C. 173-2002, s. 9.