Régie des rentes du Québec

Registering and revoking standard contracts

The locked-in retirement accounts (LIRAs) and life income funds (LIFs) that are dealt with in this section are those subject to the Supplemental Pension Plans Act.

Main points to be aware of

Registration or amendment of a standard contract

The Régie des rentes du Québec has a general checklist available for you to use in registering or amending a standard contract for an LIRA or an LIF.

The checklist gives all the documents that you must enclose with the application and also indicates which information the Régie needs to determine the standard contract or amendment to register.


The checklist does not replace the requirements of the Supplemental Pension Plans Act.


Fees

Fees are payable to the Régie:

  • for the registration of each standard contract for LIRAs or LIFs;
  • annually for each standard contract registered until the contract has been revoked. Any late annual payments are subject to penalties.

For more information about the fees and other details, please refer to the LIRA/LIF Fee Schedule.

Revoking a standard contract

The Régie can revoke the registration of a standard contract. In order to do so, the financial institution must attest to the Régie that:

  • no contract in conformity with a standard contract is being processed
    and
  • no contract in conformity with a standard contract will be entered into.

Once a standard contract is revoked, the financial institution no longer has to pay the Régie the annual fees. However, any overdue and unpaid fees are still owed.

To find out more...

  •  Share
  • Top of the page 
The Gouvernement du Québec publishes its Web pages in French. Consistent with the Charter of the French Language and to inform stakeholders outside Québec, this page is also published in English.