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R-10 - Act respecting the Government and Public Employees Retirement Plan

Section 128.3
Disposition versions

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128.3. If the indexation provided for in the first paragraph of section 77.0.1 applies and if the Government has not availed itself of section 77.0.2, Retraite Québec must, before 1 October of the year during which the indexation applies, transfer from the employees’ contribution fund at the Caisse de dépôt et placement du Québec to the employers’ contributory fund at the Caisse an amount equal to one half of the additional cost resulting from the indexation. Retraite Québec establishes the cost at 31 December of the year preceding the year during which the indexation applies on the basis of the actuarial method and assumptions of the actuarial valuation.
2011, c. 24, s. 11; 2015, c. 20, s. 61.
128.3. If the indexation provided for in the first paragraph of section 77.0.1 applies and if the Government has not availed itself of section 77.0.2, the Commission must, before 1 October of the year during which the indexation applies, transfer from the employees’ contribution fund at the Caisse de dépôt et placement du Québec to the employers’ contributory fund at the Caisse an amount equal to one half of the additional cost resulting from the indexation. The Commission establishes the cost at 31 December of the year preceding the year during which the indexation applies on the basis of the actuarial method and assumptions of the actuarial valuation.
2011, c. 24, s. 11.
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