R-26.2.1 - Act respecting the restructuring of university-sector defined benefit pension plans

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30. The surplus assets correspond, for service subsequent to 31 December 2015, to the difference between the plan’s assets determined on a funding basis and the sum of its liabilities determined on the same basis and the amount corresponding to the required value of the stabilization fund, reduced 12 by the value of the additional obligations arising from any amendment to the plan considered for the first time in the actuarial valuation.
The surplus assets correspond, for service prior to 1 January 2016, to the difference between the plan’s assets determined on a funding basis and the sum of its liabilities determined on the same basis and the provision for adverse deviation, reduced by the value of the additional obligations arising from any amendment to the plan considered for the first time in the actuarial valuation.
The present value of amortization payments relating to the part of the technical funding deficiency assumed by the employer under the first paragraph of section 23 must be included in the plan’s assets for service prior to 1 January 2016.
Despite paragraph 1 of section 6, the surplus assets as at 31 December 2015 must be determined without establishing the provision for adverse deviation at zero.
2016, c. 132016, c. 13, s. 30.