Valuation of a pension plan

Important Notice

Please consult Newsletter number 32, Amendments to the Regulation respecting supplemental pension plans effective 4 January 2018, as well as division V – Transfer of benefits between spouses This link will open in a new window. of the Regulation respecting supplemental pension plans, to find out the rules for partition applicable to spouses in a civil union, the changes to the payment methods applicable to the former spouse, and the calculation of member benefits after partition.

The rules of benefits valuation presented in this section apply to the benefits of members subject to the Supplemental Pension Plans Act This link will open in a new window., that is, the benefits accumulated in respect of work done in Québec, under provincial jurisdiction, principally in the municipal or private sectors, and occasionally in the parapublic sector.


  • The location where the work is done is a determining factor.
  • Where the plan is administered and where the plan is registered have no effect.
  • The benefits in a locked-in retirement account (LIRA), a life income fund (LIF) or an annuity contract acquired following a transfer are governed by different rules than those provided for a supplemental pension plan.

For the plan administrator

Where the Supplemental Pension Plans Act applies, the administrator who issues a statement is required to follow the rules of valuation provided for therein, even if the spouses are not subject to the rules of family patrimony.

Most of the rules presented in this section are provided for in the Regulation respecting supplemental pension plans This link will open in a new window..

Valuation rules in a supplemental pension plan

For more information

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