The draft Regulation to amend the Regulation respecting supplemental pension plans was published on 27 December 2023 in the Gazette officielle du Québec.
It mainly provides for:
- the removal of the upper limit related to withdrawals of life income funds (LIFs) for persons aged 55 or over, as of 1 July 2024;
- new calculation rules of temporary and life income related to LIFs for persons under age 55, as of 1 January 2025.
Any person wishing to comment on the draft Regulation must do so in writing, before 10 February 2024, to the address indicated in the notice of publication of the draft Regulation.
An English version of the draft Regulation is available on Les Publications du Québec – Gazette officielle's website 
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When the Regulation will be made or approved, it will be published again in the Gazette officielle du Québec. It will then confirm the applicable rules and the dates of coming into force.