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

Section 62 Disposition versions

2016-06-08

62. As soon as an agreement that provides for amending the automatic indexation formula of the retired members’ pension is entered into or as soon as a decision is rendered by an arbitrator under this chapter, the pension committee must notify each retired member and each beneficiary in writing that the automatic indexation of their pension is amended from the date of the agreement or the arbitrator’s decision.

Such a notice replaces the notice required under section 26 of the Supplemental Pension Plans Act (chapter R-15.1) with respect to retired members. A copy of the notice must be sent to Retraite Québec with the application to register the amendment to the pension plan resulting from the agreement or the arbitrator’s decision.

2016, c. 13, s. 62.