R-15.1 - Supplemental Pension Plans Act

Section 318.15 Disposition versions

2020-12-11

318.15. A target benefit pension plan may be established in respect of members whose employer is referred to in section 146.101 only if the plan governed by the applicable Act according to the sector concerned and to which the members covered by the target benefit pension plan are parties has been restructured in accordance with the Act respecting the restructuring of university-sector defined benefit pension plans (chapter R-26.2.1) or the Act to foster the financial health and sustainability of municipal defined benefit pension plans (chapter S-2.2.1) and only if, in the case of a municipal sector plan, there remains no contribution to be paid by the members, if applicable, under the second paragraph of section 14 of the latter Act.

2020, c. 30, s. 86.