R-12.1 - Act respecting the Pension Plan of Management Personnel

Section 189 Disposition versions

2015-11-20

189. For the purposes of this division, the interest rate shall correspond to the annual rate of return realized on the basis of the market value of the employees’ contribution fund at the Caisse de dépôt et placement du Québec.

Despite the first paragraph, the interest applicable for the purposes of section 188 is compounded annually at the rates determined in Schedule VII to this Act.

However, if at the time of a transfer of funds the rate referred to in the first paragraph is not determined, the monthly rates realized on the basis of the market value of the employees’ contribution fund at the Caisse de dépôt et placement du Québec on the date of transfer apply. For the residual period, the rate applicable is the rate determined for the calendar year concerned in the most recent actuarial valuation filed under section 171.

2001, c. 31, s. 189; 2015, c. 27, s. 41.

2001-06-21

189. For the purposes of this division, the interest rate shall correspond to the annual rate of return realized on the basis of the market value of the employees’ contribution fund at the Caisse de dépôt et placement du Québec.

However, if at the time of a transfer of funds the rate referred to in the first paragraph is not determined, the monthly rates realized on the basis of the market value of the employees’ contribution fund at the Caisse de dépôt et placement du Québec on the date of transfer apply. For the residual period, the rate applicable is the rate determined for the calendar year concerned in the most recent actuarial valuation filed under section 171.

2001, c. 31, s. 189.