R-20 - Act respecting labour relations, vocational training and workforce management in the construction industry

Section 9.4 Disposition versions

2022-06-03

9.4. The annual management report must include

(1)  the remuneration and benefits paid to each member of the board of directors;

(2)  in respect of each of the five officers who are the most highly remunerated officers of the Commission and of any person with management responsibilities who does not report directly to the president and chief executive officer and who is more highly remunerated than one of those officers:

(a)  the basic remuneration paid;

(b)  the signing bonus paid, where applicable;

(c)  the contribution to pension plans borne by the Commission for the year concerned;

(d)  the other benefits paid or granted, including those related to group insurance or the use of a vehicle, as applicable;

(e)  the severance pay paid, where applicable; and

(3)  any other element or information determined under subparagraph 5 of the second paragraph of section 39 of the Act respecting the governance of state-owned enterprises (chapter G-1.02).

For the purposes of subparagraph 2 of the first paragraph, the value of the remuneration corresponds to the sum of the elements referred to in subparagraphs a to e of that subparagraph and of any other element relating to remuneration that is referred to in subparagraph 3 of the first paragraph.

In addition, the annual management report must indicate the parameters regulating the remuneration of the persons referred to in subparagraph 2 of the first paragraph, in particular the parameters related to the elements listed in subparagraphs a to e of that subparagraph.

2022, c. 19, s. 275.