Two questions and their answers were reviewed or clarified, and a new one was added regarding the
updated degree of solvency that must be taken into account for payments under a pension plan.
Changes to the Multi-employer negotiated contribution pension plans section
Further to the passage of the
Act mainly to allow the establishment of target benefit pension plans on 11 December 2020, changes were made to the
Multi-employer negotiated contribution pension plans section on Retraite Québec website, including changes to the content about special improvement payments. Please note that, henceforth, the deadline for sending an actuarial valuation for a purchase of annuities is 6 months rather than 4 months.