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 37 Disposition versions

2012-09-01

37. For the purposes of section 36.1 of the Regulation respecting supplemental pension plans (chapter R-15.1, r. 6), a member’s aggregate benefits shall include excess optional ancillary contributions accrued during the period of a member’s membership, such benefits to be treated as capital benefits, reduced by any sum paid by the employer pursuant to the second paragraph of section 32 and determined by supposing that the member exercised his transfer right at the end of that period and that the contributions were converted at the optimal value of the available options under the plan are included in the aggregate benefits of a member.

O.C. 1290-99, s. 1; O.C. 1151-2002, s. 28; O.C. 1013-2011, s. 7.