R-26.2.1 - Act respecting the restructuring of university-sector defined benefit pension plans

Section 13 Disposition versions

2016-06-08

13. The stabilization fund is to be funded by

(1)  a stabilization contribution;

(2)  actuarial gains; and

(3)  interest accrued.

The stabilization contribution that must be paid into the plan must represent 10% of the current service contribution, or a higher proportion of that contribution if the employer and the active members so agree. The amount of the stabilization contribution is determined without taking into account any margin for adverse deviation provided for by the Canadian Institute of Actuaries.

2016, c. 13, s. 13.