R-9 - Act respecting the Québec Pension Plan

Section 218.3.1 Disposition versions

2024-01-01

218.3.1. The annual rate of adjustment of additional benefits for each of the three years that follow the calculation of the most recent difference giving rise to an adjustment is equal to the annual rate of adjustment of additional contributions, determined under each of paragraphs a to c of section 218.2.3, multiplied by –10.

However, if the annual rate of adjustment of additional contributions for a year is equal to 0.1% and the rate of adjustment of benefits provided for in section 119 for a year is equal to or less than 101%, the annual rate of adjustment of additional benefits for that year is equal to the difference between 100.1% and the rate of adjustment of benefits provided for in section 119. If the rate thus calculated is greater than 0%, it is deemed to be nil.

2023, c. 30, s. 17.