R-15.1 - Supplemental Pension Plans Act

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42. If the amortization period for an unfunded actuarial liability begins in the course of a fiscal year of the plan, the amortization payment determined in relation to that liability for that year must be paid in as many monthly payments as there are months in the portion of the fiscal year included in the amortization period.
1989, c. 38, s. 42; 2006, c. 42, s. 8; 2015, c. 29, s. 12.
42. If the amortization period for an unfunded actuarial liability begins in the course of a fiscal year of the plan, the amortization payment determined for that year must be paid in as many monthly payments as there are months in the portion of the fiscal year included in the amortization period.
1989, c. 38, s. 42; 2006, c. 42, s. 8.
42. Where the amortization period for an unfunded actuarial liability begins or ends in the course of a fiscal year of the plan, the amortization amount for that year, determined under section 129, shall be paid in as many monthly payments as there are months in the portion of that fiscal year which is included in the amortization period.
1989, c. 38, s. 42.