R-15.1 - Supplemental Pension Plans Act

Section 39.1 Disposition versions

2020-12-11

39.1. Notwithstanding section 39, Retraite Québec may authorize an employer that is a party to a plan other than a target benefit plan, to the extent and for the period determined by Retraite Québec, to pay a lesser contribution into the pension fund than would otherwise be required if

(1)  the pension plan is a designated plan within the meaning of section 8515 of the Income Tax Regulations (C.R.C., c. 945) on the date on which the amount of contribution to be paid is determined;

(2)  the said Regulations exclude the payment as an eligible contribution of all or part of the contribution that should be paid by the employer pursuant to section 39; and

(3)  all members and beneficiaries agree thereto.

The agreement referred to in subparagraph 3 of the first paragraph is not required if the contribution reduction is less than or equal to the sum of the current service stabilization contribution and the stabilization amortization payment.

2000, c. 41, s. 22; 2006, c. 42, s. 6; 2015, c. 20, s. 61; 2015, c. 29, s. 10; 2020, c. 30, s. 10.

2016-01-01

39.1. Notwithstanding section 39, Retraite Québec may authorize an employer, to the extent and for the period determined by Retraite Québec, to pay a lesser contribution into the pension fund than would otherwise be required if

(1)  the pension plan is a designated plan within the meaning of section 8515 of the Income Tax Regulations (C.R.C., c. 945) on the date on which the amount of contribution to be paid is determined;

(2)  the said Regulations exclude the payment as an eligible contribution of all or part of the contribution that should be paid by the employer pursuant to section 39; and

(3)  all members and beneficiaries agree thereto.

The agreement referred to in subparagraph 3 of the first paragraph is not required if the contribution reduction is less than or equal to the sum of the current service stabilization contribution and the stabilization amortization payment.

2000, c. 41, s. 22; 2006, c. 42, s. 6; 2015, c. 20, s. 61; 2015, c. 29, s. 10.

2010-01-01

39.1. Notwithstanding section 39, the Régie may authorize an employer, to the extent and for the period determined by the Régie, to pay a lesser contribution into the pension fund than would otherwise be required if

(1)  the pension plan is a designated plan within the meaning of section 8515 of the Income Tax Regulations (C.R.C., c. 945) on the date on which the amount of contribution to be paid is determined;

(2)  the said Regulations exclude the payment as an eligible contribution of all or part of the contribution that should be paid by the employer pursuant to section 39; and

(3)  all members and beneficiaries agree thereto.

2000, c. 41, s. 22; 2006, c. 42, s. 6.

2000-12-05

39.1. Notwithstanding sections 39 and 140, the Régie may authorize an employer, to the extent and for the period determined by the Régie, to pay a lesser contribution into the pension fund than would otherwise be required if

(1)  the pension plan is a designated plan within the meaning of section 8515 of the Income Tax Regulations on the date on which the amount of contribution to be paid is determined;

(2)  the said Regulations exclude the payment as an eligible contribution of all or part of the contribution that should be paid by the employer pursuant to sections 39 and 140; and

(3)  all members and beneficiaries agree thereto.

2000, c. 41, s. 22.