Normandin Beaudry Pension Plan Financial Position Index – Quebec Municipal and University Sector, March 31, 2025
Amid a period of stock market turbulence, the first quarter of 2025 ended with a slight deterioration in the financial position on the going concern and solvency basis.
April 2025
New Retraite Québec guidelines on Act 15
On January 29, 2025, Retraite Québec published guidelines concerning the reinstatement of the automatic pension indexation for members who were retired on December 31, 2013 within the meaning of the Act to foster the financial health and sustainability of municipal defined benefit pension plans (Act 15).
February 2025
Normandin Beaudry Pension Plan Financial Position Index – Quebec Municipal and University Sector, December 31, 2024
The going concern financial position improved during 2024 but remained stable in the fourth quarter. Meanwhile, the solvency financial position remained stable throughout 2024 and in the last quarter.
January 2025