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

Section 174
Disposition versions

Full text
174. The rate of contribution applicable to the plan each year is determined according to the rules, terms and conditions prescribed by regulation.
2001, c. 31, s. 174; 2011, c. 24, s. 42; 2017, c. 7, s. 16.
174. The rate of contribution applicable to the plan each year is determined according to the rules, terms and conditions prescribed by regulation. The rate is based on the result of the actuarial valuation referred to in the first paragraph of section 171 and is adjusted from 1 January following the receipt by the Minister of the report of the independent actuary and, for the two subsequent years, from 1 January of each year.
2001, c. 31, s. 174; 2011, c. 24, s. 42.
174. The Government may, by regulation, revise the rate of contribution to the plan. The rate shall be based on the result of the actuarial valuation of the plan and shall be adjusted as of 1 January following receipt by the Minister of the report of the independent actuary.
2001, c. 31, s. 174.
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