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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 87
Disposition versions

Full text
87. Any amount transferred in the pension plan must, on the date of the transfer even otherwise than under Chapter VII of the Act, be converted, on the basis of the actuarial assumptions used to measure the funding of the plan for the purposes of the most recent actuarial valuation of the plan, into a normal pension amount.
The value of benefits transferred to another plan is determined in accordance with the second paragraph of section 79.
O.C. 159-2007, s. 5; O.C. 1535-2024, s. 27.
87. An amendment to a pension plan whose purpose is to adjust the members’ and beneficiaries’ benefits in accordance with the first and second paragraphs of section 86 applies to amounts determined in accordance with sections 15.3, 54 and 56.0.3 of the Regulation respecting supplemental pension plans (chapter R-15.1, r. 6).
O.C. 159-2007, s. 5.
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