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R-15.1 - Supplemental Pension Plans Act

Section 146.12
Disposition versions

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146.12. The sum of the employer contribution and the member contributions payable in each fiscal year of the pension plan must be equal to or greater than the sum of the following amounts:
(1)  the current service contribution, which is equal to the sum of the contribution established in accordance with sections 128 and 129 and the contribution established under defined contribution provisions;
(2)  (paragraph repealed);
(3)  the sum of the amortization payments determined for the fiscal year and the special improvement payments payable during the fiscal year.
2015, c. 7, s. 1; 2015, c. 29, s. 28; 2018, c. 2, s. 110; 2020, c. 30, s. 53.
146.12. The sum of the employer contribution and the member contributions payable in each fiscal year of the pension plan must be equal to or greater than the sum of the following amounts:
(1)  the current service contribution determined in accordance with sections 128 and 129;
(2)  (paragraph repealed);
(3)  the sum of the amortization payments determined for the fiscal year and the special improvement payments payable during the fiscal year.
2015, c. 7, s. 1; 2015, c. 29, s. 28; 2018, c. 2, s. 110.
146.12. The sum of the employer contribution and the member contributions payable in each fiscal year of the pension plan must be equal to or greater than the sum of the following amounts:
(1)  the current service contribution determined in accordance with sections 128 and 129;
(2)  the estimated amount of the administration costs to be paid out of the pension fund during the fiscal year; and
(3)  the sum of the amortization payments determined for the fiscal year and the special improvement payments payable during the fiscal year.
2015, c. 7, s. 1; 2015, c. 29, s. 28.
146.12. The sum of the employer contribution and the member contributions payable in each fiscal year of the pension plan must be equal to or greater than the sum of the following amounts:
(1)  the current service contribution determined in accordance with sections 138 and 139;
(2)  the estimated amount of the administration costs to be paid out of the pension fund during the fiscal year; and
(3)  the sum of the amortization payment determined in respect of the funding deficiency and the special amortization payments payable during the fiscal year.
2015, c. 7, s. 1.
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