122.3. At least once every three years, Retraite Québec shall cause an actuarial valuation of the supplementary benefits plan established under the second paragraph of section 122 to be prepared for the Minister of Justice by the actuaries it designates.
The cost of the plan shall be borne, in respect of judges of the Court of Québec and presiding justices of the peace, by the Government and, in respect of judges of the Municipal Courts to whom the plan provided for in Part V.1 or Part VI applies, by each municipality, respectively.
The Government shall determine, by order, at intervals of not less than three years, the rate of contribution of the municipalities to the plan, which shall be based on the result of the last actuarial valuation of the plan. The order may have effect from 1 January following the date on which the Minister of Justice receives the actuarial valuation or any later date fixed in the order.
Each municipality shall pay its contribution according to the rules, terms and conditions determined by the order establishing the plan; such rules, terms and conditions may fix the interest payable on late payments.
1991, c. 79, s. 3; 2001, c. 8, s. 7; 2005, c. 41, s. 6; 2015, c. 20, s. 61; 2017, c. 302017, c. 30, s. 21.Rates of contribution of municipalities; see Order in Council 38-2022 dated 12 January 2022, (2022) 154 G.O. 2, 185.