2. The current value of the total liabilities inherent to the pension plan shall be calculated in accordance with specific rules laid down by way of notice of AMCM.
The suspension or temporary reduction of the contributions, referred to in the preceding paragraph 1, shall be effected according to the terms contained in the joint proposal of the associate(s) and the management company; however, the said proposal shall be subject to prior approval of AMCM.
No money shall be returned to the associate if the excess value of the fund has resulted from an alteration in the pension plan.
Article 33 (Financial, technical and actuarial management)
The assets, contributions and pension plans shall at all times be balanced in accordance with actuarial systems for capitalisation, which permit the establishment of equivalence between assets and expected income of the pension fund on the one hand and, on the other, future payments to beneficiaries and future charges for management and deposits.
Pension funds, which finance defined benefit plans, may effect insurance to cover the risks of death and permanent incapacity for work and insurance for lifetime income, where the same is included in the pension plans.
In the case of funds financing defined contribution plans, it is obligatory to have individual accounts for each participant.
The technical, actuarial and financial plan shall be reviewed at least once every three years.
5. It shall not be permissible for the fund to be financed by means of a system of distribution of cover capital.