R-15.1, r. 6 - Regulation respecting supplemental pension plans

Section 15.5 Disposition versions

2018-01-04

15.5. Where a pension plan provides for the payment, as a life income, of the variable benefits referred to in section 90.1 of the Act, the following rules apply:

(1)  for each fiscal year, the member or his spouse sets the income to be received as variable benefits;

(2)  the maximum income paid is set in accordance with sections 20 and 20.1, which apply with the necessary modifications, and with schedules 0.6 and 0.7.

O.C. 1183-2017, s. 13.