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S-2.1.1 - Act to foster the financial health and sustainability of municipal defined benefit pension plans

Section 17
Disposition versions

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17. A municipal body that wishes to avail itself of the first paragraph of section 16 must first inform the retired members of its intention and give them the opportunity to be heard.
To that end, the retired members must be convened to an information meeting organized by the pension committee during which the representatives of the municipal body must report on the pension plan’s situation set out in the actuarial valuation as at 31 December 2015 and on the effort the retired members are being asked to make.
The municipal body sends Retraite Québec its decision, with reasons, and a summary of the meeting, for information purposes.
2014, c. 15, s. 17; 2015, c. 20, s. 61.
17. A municipal body that wishes to avail itself of the first paragraph of section 16 must first inform the retired members of its intention and give them the opportunity to be heard.
To that end, the retired members must be convened to an information meeting organized by the pension committee during which the representatives of the municipal body must report on the pension plan’s situation set out in the actuarial valuation as at 31 December 2015 and on the effort the retired members are being asked to make.
The municipal body sends the Board its decision, with reasons, and a summary of the meeting, for information purposes.
2014, c. 15, s. 17.
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