R-16, r. 5 - Supplementary benefits plan for the mayors and councillors of municipalities

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3. The municipalities must, within 30 days of the statement sent by Retraite Québec, pay the amount of their contribution.
Any amount unpaid within the 30-day period bears interest, compounded annually, at the rate in Schedule VII to the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), in force on the date of the statement and computed as of that date.
O.C. 26-2017, s. 3.