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R-10, r. 2 - Regulation under the Act respecting the Government and Public Employees Retirement Plan

Section 27
Disposition versions

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27. If there is a deficit and the employer makes a promise of payment recognized by Retraite Québec as a valid debt, the payment may be made by instalments over a period not exceeding 15 years.
Where payment is made in instalments, each instalment must be evaluated using a rate of interest of 8.5% for the first 10 years and 6% for subsequent years.
O.C. 1845-88, s. 27.
27. If there is a deficit and the employer makes a promise of payment recognized by the Commission as a valid debt, the payment may be made by instalments over a period not exceeding 15 years.
Where payment is made in instalments, each instalment must be evaluated using a rate of interest of 8.5% for the first 10 years and 6% for subsequent years.
O.C. 1845-88, s. 27.
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