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R-12.1, r. 2 - Special provisions in respect of classes of employees designated under section 23 of the Act respecting the Pension Plan of Management Personnel

Section 37
Disposition versions

Full text
37. From 1 January following the actuarial valuation of the plan prepared in accordance with section 171 of the Act, the actuarial value of the sums transferred under section 203 of the Act must be established in accordance with the actuarial assumptions and method used for the actuarial valuation, by replacing certain assumptions by those indicated in Schedule VI.
As regards a person referred to in this Order in Council, the amount available on the date of the transfer application may not be lower than the value of the end of participation benefit that would be paid on the same date.
O.C. 960-2003, s. 37; O.C. 1137-2014, s. 4.
37. The actuarial value of the sums transferred under section 203 of the Act must be established in accordance with the actuarial assumptions and method prescribed in Schedule V.
O.C. 960-2003, s. 37.
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