R-15.1 - Supplemental Pension Plans Act

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39. The contribution to be paid in each fiscal year of a pension plan is equal to or greater than,
(1)  in the case of an insured plan, the current service contribution as established in section 40;
(2)  in the case of an uninsured plan, the sum of the following amounts:
(a)  the current service contribution, which is equal to the sum of the contribution established in accordance with sections 128 and 129 and the contribution established under defined contribution provisions; and
(b)  the sum of the amortization payments determined for the fiscal year and the special payments payable during the fiscal year.
The contribution to be paid, less the member contributions, shall be borne by the employer.
In the case of a target benefit plan, that contribution, less the employer contribution stipulated in the plan, shall be borne by the members. However, it is to be paid taking into account the provisions of Division IV of Chapter X.3.
In the case of a multi-employer plan, the employer contribution shall be paid jointly by the employers who are parties to the plan.
1989, c. 38, s. 39; 2006, c. 42, s. 5; 2008, c. 21, s. 30; 2015, c. 29, s. 9; 2018, c. 22018, c. 2, s. 96; 2020, c. 302020, c. 30, s. 9.
39. The employer shall, in each fiscal year of the pension plan, pay as employer contributions an amount which, when added to the member contributions, is equal to or greater than,
(1)  in the case of an insured plan, the current service contribution as established in section 40;
(2)  in the case of an uninsured plan, the sum of the following amounts:
(a)  the current service contribution determined in accordance with sections 128 and 129; and
(b)  the sum of the amortization payments determined for the fiscal year and the special payments payable during the fiscal year.
In the case of a multi-employer plan, the employer contribution shall be paid jointly by the employers who are parties to the plan.
1989, c. 38, s. 39; 2006, c. 42, s. 5; 2008, c. 21, s. 30; 2015, c. 29, s. 9; 2018, c. 22018, c. 2, s. 96.
39. The employer shall, in each fiscal year of the pension plan, pay as employer contributions an amount which, when added to the member contributions, is equal to or greater than,
(1)  in the case of an insured plan, the current service contribution as established in section 40;
(2)  in the case of an uninsured plan, the sum of the following amounts:
(a)  the current service contribution determined in accordance with sections 128 and 129; and
(b)  the sum of the amortization payments determined for the fiscal year and the special improvement payments payable during the fiscal year.
In the case of a multi-employer plan, the employer contribution shall be paid jointly by the employers who are parties to the plan.
1989, c. 38, s. 39; 2006, c. 42, s. 5; 2008, c. 21, s. 30; 2015, c. 29, s. 9.
39. The employer shall, in each fiscal year of the pension plan, pay as employer contributions an amount which, when added to the member contributions, is equal to or greater than,
(1)  in the case of an insured plan, the current service contribution as established in section 40;
(2)  in the case of an uninsured plan, the sum of the following amounts:
(a)  the current service contribution determined in accordance with sections 138 and 139; and
(b)  the higher of the following amounts: the amortization payment determined in respect of the funding deficiency or the sum of the amortization payments determined in respect of the solvency deficiencies and the special amortization payments payable during the fiscal year.
In the case of a multi-employer plan, the employer contribution shall be paid jointly by the employers who are parties to the plan.
1989, c. 38, s. 39; 2006, c. 42, s. 5; 2008, c. 21, s. 30.
39. The employer shall, in each fiscal year of the pension plan, pay as employer contributions an amount which, when added to the member contributions, is equal to or greater than,
(1)  in the case of an uninsured plan, the sum of the current service contribution determined in accordance with sections 124 and 125 and the amortization amounts determined pursuant to section 131;
(2)  in the case of an insured plan, the current service contribution as established in section 40.
In the case of a multi-employer plan, the employer contribution shall be paid jointly by the employers who are parties to the plan.
1989, c. 38, s. 39.