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S-2.1.1 - Act to foster the financial health and sustainability of municipal defined benefit pension plans
Section 52
Disposition versions
52. If Retraite Québec is unable to register an amendment to the plan resulting from an agreement or from an arbitrator’s decision because of its non-compliance with this Act or the Supplemental Pension Plans Act (chapter R-15.1), the Board must inform the pension committee.
The pension committee notifies the parties to the agreement of Retraite Québec’s decision and asks them to amend the agreement within 30 days. If the parties fail to come to an agreement, the Minister appoints an arbitrator from the list drawn up under the first paragraph of section 38. The arbitrator must render a decision within three months after being seized of the matter. The second and third paragraphs of section 38 and sections 42, 44 to 47 and 49 apply.
If the amendments result from an arbitrator’s decision, the pension committee notifies the arbitrator that rendered the decision of Retraite Québec’s decision and asks the arbitrator to amend his or her decision within 30 days.
52. If the Board is unable to register an amendment to the plan resulting from an agreement or from an arbitrator’s decision because of its non-compliance with this Act or the Supplemental Pension Plans Act (chapter R-15.1), the Board must inform the pension committee.
The pension committee notifies the parties to the agreement of the Board’s decision and asks them to amend the agreement within 30 days. If the parties fail to come to an agreement, the Minister appoints an arbitrator from the list drawn up under the first paragraph of section 38. The arbitrator must render a decision within three months after being seized of the matter. The second and third paragraphs of section 38 and sections 42, 44 to 47 and 49 apply.
If the amendments result from an arbitrator’s decision, the pension committee notifies the arbitrator that rendered the decision of the Board’s decision and asks the arbitrator to amend his or her decision within 30 days.
