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

Section 61.0.11 Disposition versions

2022-04-14

61.0.11. The following subjects must be on the agenda of the annual meeting:

(1)  the main risks related to plan funding identified in the funding policy;

(2)  the measures taken, in the course of a fiscal year of the plan, to manage the main risks related to the plan’s funding;

(3)  where annuities have been purchased in accordance with the annuity purchasing policy since the previous annual meeting:

(a)  the number of transactions for annuities purchased and the premium required by the insurer for each transaction;

(b)  the criteria for choosing the annuities and the insurer;

(c)  for each purchase of annuities, the degree of solvency of the plan before and after the purchase and, if applicable, the amount of the special annuity purchasing payment related to the purchase;

(d)  an overview of the main changes made to the annuity purchasing policy;

(4)  in the case of a target-benefit plan:

(a)  a description of what a target-benefit plan is, including the fact that the benefits may be reduced in the event of insufficient contributions;

(b)  the adjustments to benefits and changes to the contributions or to benefit targets that have been applied since the last annual meeting and those the application of which is provided for in an actuarial valuation report sent to Retraite Québec after the date of that meeting.

O.C. 1183-2017, s. 41; O.C. 308-2022, s. 48.

2018-01-04

61.0.11. The following subjects must be on the agenda of the annual meeting:

(1)  the main risks related to plan funding identified in the funding policy;

(2)  the measures taken, in the course of a fiscal year of the plan, to manage the main risks related to the plan’s funding;

(3)  where annuities have been purchased in accordance with the annuity purchasing policy since the previous annual meeting:

(a)  the number of annuities purchased and the premium required by the insurer for each annuity purchased;

(b)  the criteria for choosing the annuities and the insurer;

(c)  for each purchase of annuities, the degree of solvency of the plan before and after the purchase and, if applicable, the amount of the special annuity purchasing payment related to the purchase;

(d)  an overview of the main changes made to the annuity purchasing policy.

O.C. 1183-2017, s. 41.