6. At the beginning of each fiscal year of a pension plan, after any transfer provided for in the first paragraph of section 13 or the first paragraph of section 15, payment of a portion of the amortization payment determined for that fiscal year in relation to the technical actuarial deficiency is made by a transfer from the reserve to the general account. That portion is equal to the lesser of the reserve at that time and 50% of the amortization payment. It is divided equally between each monthly payment relating to the deficiency for the fiscal year.
Where a report on a complete actuarial valuation is sent to Retraite Québec during a fiscal year and the amount transferred from the reserve to the general account at the beginning of the fiscal year is less than what it should have been according to that actuarial valuation, the difference must be transferred from the reserve to the general account. If the amount transferred at the beginning of the fiscal year is instead greater that what it should have been according to that actuarial valuation, the difference must be transferred from the general account to the reserve.
A transfer provided for in the second paragraph is made on the date of the first monthly payment due after the report is sent to Retraite Québec and the amount to be transferred is established by taking into account the interest referred to in section 48 of the Act.