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

Section 26
Disposition versions

Full text
26. If the portion of the technical actuarial funding deficiency assumed by the active members is limited to 7.5% of their liabilities or a higher percentage under section 25, the employer must assume the difference between the technical actuarial funding deficiency the active members would have assumed under sections 20 and 21 had it not been for that limit and the portion they assume.
The part of the deficiency assumed by the employer under the first paragraph must be repaid over a maximum period of 25 years and may be consolidated.
2016, c. 13, s. 26.
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