R-16, r. 4 - Regulation respecting the partition and assignment of benefits accrued under the general retirement plan for the mayors and councillors of municipalities

Section 15 Disposition versions

2012-09-01

15. Interest compounded annually and accrued from the date of assessment up to the date of payment must be added to the sums awarded to the spouse at the rate provided for in section 1.1 of the Regulation respecting the application of the Act respecting the Pension Plan of Elected Municipal Officers (chapter R-9.3, r. 1), in force on the date of assessment. However, where that date is prior to 1 June 2007, the applicable interest rate is 4.10%.

O.C. 1752-91, s. 15; O.C. 1070-2010, s. 2.