R-15.1 - Supplemental Pension Plans Act

Section 145 Disposition versions

2010-01-01

145. The value of the benefits which, under section 143 or 144, cannot be paid may be paid up to 5% of the maximum pensionable earnings established under the Act respecting the Québec Pension Plan (chapter R-9) for the year during which the payment is to be made; the total amounts so paid since the last actuarial valuation may not, however, exceed 5% of the assets determined at the time of the actuarial valuation to ascertain the solvency of the pension plan.

1989, c. 38, s. 145; 2000, c. 41, s. 83; 2006, c. 42, s. 11.

2001-01-01

145. Notwithstanding the limits set under sections 142 to 144, the value of the benefits paid shall be equal to or greater than the aggregate of the contributions paid by the member concerned and the amounts credited to his account following a transfer, even other than a transfer under section 98, with accrued interest.

1989, c. 38, s. 145; 2000, c. 41, s. 83.

1999-04-01

145. Notwithstanding the limits set under sections 142 to 144, the value of the benefits paid shall be equal to or greater than the aggregate of the contributions paid by the member concerned and the amounts credited to his account following a transfer under section 98 or 100, with accrued interest.

1989, c. 38, s. 145.