246.26. At least once every three years, Retraite Québec shall cause an actuarial valuation of the pension plans provided for in Parts V.1, VI and VI.1 to be prepared for the Minister of Justice by the actuaries it designates.
With respect to the judges of the Court of Québec, the cost of the plans, except contributions paid or transferred to the pension plan provided for in Part V.1, contributions paid for the years 1979 to 1989 to the pension plan provided for in Part VI and amounts paid to benefit from the indexing of pensions payable under the pension plan provided for in Part VI.1, shall be assumed by the Government.
With respect to the judges of Municipal Courts to whom the pension plan provided for in Part V.1 or VI applies, the cost of that plan shall, except contributions paid by those judges to the pension plan provided for in Part V.1, including those transferred to it, and contributions paid by those judges for the years 1979 to 1989 to the equivalent pension plan in force in the municipality, be borne by each municipality, respectively.
With respect to presiding justices of the peace, the cost of the pension plan provided for in Part V.1, except contributions paid by the justices to that plan and contributions that were transferred to it, shall be borne by the Government.
Where a bill is introduced in the National Assembly for the purpose of enacting amendments having an immediate or a long-term impact on either plan, Retraite Québec must prepare a report showing the extent to which the assumptions of the latest actuarial valuation are affected by the proposed amendments.
1990, c. 44, s. 23; 1991, c. 79, s. 27; 1997, c. 7, s. 45; 1997, c. 7, s. 63; 2001, c. 8, s. 18; 2015, c. 20, s. 61; 2017, c. 302017, c. 30, s. 2111.Rates of contribution of municipalities; see Order in Council 37-2022 dated 12 January 2022, (2022) 154 G.O. 2, 185.