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R-16, r. 1 - Regulation respecting interest applicable under the general retirement plan for the mayors and councillors of municipalities

Section 2
Disposition versions

Full text
2. The annual rate of interest in this subdivision is established as at 1 June of each year by computing the geometric mean of the annual rates of return for the 3-year period ending on 31 December of the year preceding the reference year, according to the formula in Schedule I.
The annual rate of return is the rate determined by the Caisse de dépôt et placement du Québec as at 31 December of each year for the specific fund of the pension plan established under the Act respecting the Pension Plan of Elected Municipal Officers (chapter R-9.3), after subtracting the management expenses.
O.C. 21-2007, s. 2.
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