R-15.1, r. 7 - Regulation respecting the exemption of certain categories of pension plans from the application of provisions of the Supplemental Pension Plans Act

Section 81 Disposition versions

2024-11-21

81. In order to establish the amount of the early benefit referred to in section 69.1 of the Act, the value of the member’s benefits under the plan is the value that would be allocated to the member’s benefits for the purposes of their payment by supposing that the member ceases to be an active member and exercises his or her right to the refund or transfer of his or her benefits on the date on which the member applies for the payment of the benefit.

O.C. 159-2007, s. 5; O.C. 1535-2024, s. 27.

2016-01-01

81. The employer contribution shall be paid in as many equal monthly payments as there are months in the fiscal year of the plan, and not later than the last day of the month that follows each of these months. The monthly payments may, however, represent an hourly rate, a proportion of the remuneration or a percentage of the total payroll for the active members; the rate, proportion or percentage shall be uniform unless it is established by reference to a variable authorized by Retraite Québec.

O.C. 159-2007, s. 5.

2012-09-01

81. The employer contribution shall be paid in as many equal monthly payments as there are months in the fiscal year of the plan, and not later than the last day of the month that follows each of these months. The monthly payments may, however, represent an hourly rate, a proportion of the remuneration or a percentage of the total payroll for the active members; the rate, proportion or percentage shall be uniform unless it is established by reference to a variable authorized by the Régie.

O.C. 159-2007, s. 5.