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

Section 62 Disposition versions

2022-04-14

62. The report related to the withdrawal of an employer that is referred to in the second paragraph of section 202 of the Act must contain the following information:

(1)  the name of the plan and the number assigned to it by Retraite Québec;

(2)  the effective date of the amendment giving rise to the withdrawal, the reason for the withdrawal and the name of the affected employer;

(3)  the value of the plan’s assets at the date of the valuation of the members’ and beneficiaries’ benefits;

(4)  the employer and member contributions required and those paid for the period between the date of the plan’s last fiscal year and the year of the withdrawal, distinguishing the contributions relative to the affected employer from the total contributions of the other employers;

(5)  the assets allocated to the group constituted of the benefits of the affected members and beneficiaries and the assets allocated to all the other groups, in accordance with sections 220 to 227 of the Act as well as the description and method used;

(6)  where required, the assumptions and methods used to determine the value of the assets and of the benefits of the plan’s members and beneficiaries;

(7)  the value of the benefits of the members and beneficiaries not affected by the withdrawal;

(8)  the names of the members and beneficiaries affected by the withdrawal, grouped according to the categories provided for in paragraph 2 of section 201 of the Act, as well as the nature and the value of their benefits at the date of their valuation;

(9)  the degree of solvency of the plan at the date of the valuation of the members’ and beneficiaries’ benefits, determined, except for a target-benefit plan, considering only the value of the benefits of the members and beneficiaries not affected by the withdrawal and the assets allocated to them;

(10)  where, with respect to the employer and the members and beneficiaries affected by the withdrawal, the contributions paid are less than the contributions required, the report must, in addition, indicate the distribution of the total contributions required and the total contributions paid among those members and beneficiaries, with a mention for each of them of the portion related to employer contributions, member contributions and additional voluntary contributions;

(11)  the debt, if any, of the employer affected by the withdrawal, a description of the measures put into effect to ensure the collection of the debt and its distribution among the members and beneficiaries affected by the withdrawal;

(12)  where, at the date of the valuation of the benefits of the members and beneficiaries affected by the withdrawal, the assets allocated to the group consisting of the benefits are, after deducting any contribution relative to that group and referred to in section 227 of the Act, less than the value of the benefits of those members and beneficiaries, the amount of the reduction in benefits that each of them will sustain if the employer’s debt and the unpaid contributions are not collected;

(13)  a description of the payment methods offered to each category of members and beneficiaries affected by the withdrawal;

(14)  a certificate by the author of the report that it was prepared in conformity with the provisions of the Act and the Regulation;

(15)  the name and address of the author of the report, his professional title and the date of signing.

In the case provided for in paragraph 12 of the first paragraph, the value of the members’ and beneficiaries’ benefits affected by the withdrawal shall be distributed in accordance with each item of the payment order provided for in section 218 of the Act.

O.C. 1158-90, s. 62; O.C. 173-2002, s. 57; O.C. 1073-2009, s. 43; O.C. 1183-2017, s. 43; O.C. 308-2022, s. 50.

2018-01-04

62. The report provided for in the second paragraph of section 202 of the Act must contain the following information:

(1)  the name of the plan and the number assigned to it by Retraite Québec;

(2)  the effective date of the amendment giving rise to the withdrawal, the reason for the withdrawal and the name of the affected employer;

(3)  the value of the plan’s assets at the date of the valuation of the members’ and beneficiaries’ benefits;

(4)  the employer and member contributions required and those paid for the period between the date of the plan’s last fiscal year and the year of the withdrawal, distinguishing the contributions relative to the affected employer from the total contributions of the other employers;

(5)  the assets allocated to the group constituted of the benefits of the affected members and beneficiaries and the assets allocated to all the other groups, in accordance with sections 220 to 227 of the Act as well as the description and method used;

(6)  where required, the assumptions and methods used to determine the value of the assets and of the benefits of the plan’s members and beneficiaries;

(7)  the value of the benefits of the members and beneficiaries not affected by the withdrawal;

(8)  the names of the members and beneficiaries affected by the withdrawal, grouped according to the categories provided for in paragraph 2 of section 201 of the Act, as well as the nature and the value of their benefits at the date of their valuation;

(9)  the degree of solvency of the plan at the date of the valuation of the members’ and beneficiaries’ benefits;

(10)  where, with respect to the employer and the members and beneficiaries affected by the withdrawal, the contributions paid are less than the contributions required, the report must, in addition, indicate the distribution of the total contributions required and the total contributions paid among those members and beneficiaries, with a mention for each of them of the portion related to employer contributions, member contributions and additional voluntary contributions;

(11)  the debt, if any, of the employer affected by the withdrawal, a description of the measures put into effect to ensure the collection of the debt and its distribution among the members and beneficiaries affected by the withdrawal;

(12)  where, at the date of the valuation of the benefits of the members and beneficiaries affected by the withdrawal, the assets allocated to the group consisting of the benefits are, after deducting any contribution relative to that group and referred to in section 227 of the Act, less than the value of the benefits of those members and beneficiaries, the amount of the reduction in benefits that each of them will sustain if the employer’s debt and the unpaid contributions are not collected;

(13)  a description of the payment methods offered to each category of members and beneficiaries affected by the withdrawal;

(14)  a certificate by the author of the report that it was prepared in conformity with the provisions of the Act and the Regulation;

(15)  the name and address of the author of the report, his professional title and the date of signing.

In the case provided for in paragraph 12 of the first paragraph, the value of the members’ and beneficiaries’ benefits affected by the withdrawal shall be distributed in accordance with each item of the payment order provided for in section 218 of the Act.

O.C. 1158-90, s. 62; O.C. 173-2002, s. 57; O.C. 1073-2009, s. 43; O.C. 1183-2017, s. 43.

2016-01-01

62. The report provided for in the second paragraph of section 202 of the Act must contain the following information:

(1)  the name of the plan and the number assigned to it by Retraite Québec;

(2)  the effective date of the amendment giving rise to the withdrawal and the name of the affected employer;

(3)  the value of the plan’s assets at the date of the valuation of the members’ and beneficiaries’ benefits;

(4)  the employer and member contributions required and those paid for the period between the date of the plan’s last fiscal year and the year of the withdrawal, distinguishing the contributions relative to the affected employer from the total contributions of the other employers;

(5)  the assets allocated to the group constituted of the benefits of the affected members and beneficiaries and the assets allocated to all the other groups, in accordance with sections 220 to 227 of the Act as well as the description and method used;

(6)  where required, the assumptions and methods used to determine the value of the assets and of the benefits of the plan’s members and beneficiaries;

(7)  the value of the benefits of the members and beneficiaries not affected by the withdrawal;

(8)  the names of the members and beneficiaries affected by the withdrawal, grouped according to the categories provided for in paragraph 2 of section 201 of the Act, as well as the nature and the value of their benefits at the date of their valuation;

(9)  the degree of solvency of the plan at the date of the valuation of the members’ and beneficiaries’ benefits;

(10)  where, with respect to the employer and the members and beneficiaries affected by the withdrawal, the contributions paid are less than the contributions required, the report must, in addition, indicate the distribution of the total contributions required and the total contributions paid among those members and beneficiaries, with a mention for each of them of the portion related to employer contributions, member contributions and additional voluntary contributions;

(11)  the debt, if any, of the employer affected by the withdrawal, a description of the measures put into effect to ensure the collection of the debt and its distribution among the members and beneficiaries affected by the withdrawal;

(12)  where, at the date of the valuation of the benefits of the members and beneficiaries affected by the withdrawal, the assets allocated to the group consisting of the benefits are, after deducting any contribution relative to that group and referred to in section 227 of the Act, less than the value of the benefits of those members and beneficiaries, the amount of the reduction in benefits that each of them will sustain if the employer’s debt and the unpaid contributions are not collected;

(13)  a description of the payment methods offered to each category of members and beneficiaries affected by the withdrawal;

(14)  a certificate by the author of the report that it was prepared in conformity with the provisions of the Act and the Regulation;

(15)  the name and address of the author of the report, his professional title and the date of signing.

In the case provided for in paragraph 12 of the first paragraph, the value of the members’ and beneficiaries’ benefits affected by the withdrawal shall be distributed in accordance with each item of the payment order provided for in section 218 of the Act.

O.C. 1158-90, s. 62; O.C. 173-2002, s. 57; O.C. 1073-2009, s. 43.

2012-09-01

62. The report provided for in the second paragraph of section 202 of the Act must contain the following information:

(1)  the name of the plan and the number assigned to it by the Régie;

(2)  the effective date of the amendment giving rise to the withdrawal and the name of the affected employer;

(3)  the value of the plan’s assets at the date of the valuation of the members’ and beneficiaries’ benefits;

(4)  the employer and member contributions required and those paid for the period between the date of the plan’s last fiscal year and the year of the withdrawal, distinguishing the contributions relative to the affected employer from the total contributions of the other employers;

(5)  the assets allocated to the group constituted of the benefits of the affected members and beneficiaries and the assets allocated to all the other groups, in accordance with sections 220 to 227 of the Act as well as the description and method used;

(6)  where required, the assumptions and methods used to determine the value of the assets and of the benefits of the plan’s members and beneficiaries;

(7)  the value of the benefits of the members and beneficiaries not affected by the withdrawal;

(8)  the names of the members and beneficiaries affected by the withdrawal, grouped according to the categories provided for in paragraph 2 of section 201 of the Act, as well as the nature and the value of their benefits at the date of their valuation;

(9)  the degree of solvency of the plan at the date of the valuation of the members’ and beneficiaries’ benefits;

(10)  where, with respect to the employer and the members and beneficiaries affected by the withdrawal, the contributions paid are less than the contributions required, the report must, in addition, indicate the distribution of the total contributions required and the total contributions paid among those members and beneficiaries, with a mention for each of them of the portion related to employer contributions, member contributions and additional voluntary contributions;

(11)  the debt, if any, of the employer affected by the withdrawal, a description of the measures put into effect to ensure the collection of the debt and its distribution among the members and beneficiaries affected by the withdrawal;

(12)  where, at the date of the valuation of the benefits of the members and beneficiaries affected by the withdrawal, the assets allocated to the group consisting of the benefits are, after deducting any contribution relative to that group and referred to in section 227 of the Act, less than the value of the benefits of those members and beneficiaries, the amount of the reduction in benefits that each of them will sustain if the employer’s debt and the unpaid contributions are not collected;

(13)  a description of the payment methods offered to each category of members and beneficiaries affected by the withdrawal;

(14)  a certificate by the author of the report that it was prepared in conformity with the provisions of the Act and the Regulation;

(15)  the name and address of the author of the report, his professional title and the date of signing.

In the case provided for in paragraph 12 of the first paragraph, the value of the members’ and beneficiaries’ benefits affected by the withdrawal shall be distributed in accordance with each item of the payment order provided for in section 218 of the Act.

O.C. 1158-90, s. 62; O.C. 173-2002, s. 57; O.C. 1073-2009, s. 43.