R-15.1, r. 2 - Regulation respecting the funding of pension plans of the municipal and university sectors

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53.1. Notwithstanding the first paragraph of section 15, if the assets of a pension plan include bonds referred to in section 255 of the Act to amend various legislative provisions concerning municipal affairs (2004, chapter 20), a portion corresponding to 25% of the technical gains determined by a complete actuarial valuation of the plan must first be appropriated, as at the date of the valuation, to reduce the amount of the bonds.
Where, after applying section 15 taking into account the first paragraph, actuarial gains within the meaning of section 12 of chapter 3 of the Statutes of 2003 remain, such actuarial gains are added to the portion determined in the first paragraph.
O.C. 1309-2011, s. 2.