R-15.1, r. 4 - Regulation respecting measures to reduce the effects of the financial crisis on pension plans covered by the Supplemental Pension Plans Act

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2. An employer that is a party to a pension plan or, in the case of a multi-employer pension plan, even not considered as such under section 11 of the Act, the person or body empowered to amend the plan, may, in writing, instruct the pension committee that administers the plan to take one or more of the following measures for the purposes of the first complete actuarial valuation of the plan dated after 30 December 2008:
(1)  the application of an asset valuation method that, in accordance with the conditions in sections 15 and 16, levels the short-term fluctuations in the market value of the assets of the plan for the purposes of determining the value of those assets on a solvency basis;
(2)  the elimination of amortization payments related to any improvement unfunded actuarial liability determined on the date of that valuation or a previous valuation and related to an amendment made before 31 December 2008 and of amortization payments related to any technical actuarial deficiency determined on the date of a previous actuarial valuation of the plan;
(3)  the extension, in accordance with the rules in section 20, of the period provided in the Act to amortize the technical actuarial deficiencies determined by taking into account the funding relief measures.
O.C. 1153-2009, s. 2; O.C. 1073-2011, s. 1.