What happens in the case of disability?

A request can be made for buyback of your shares in the event of a severe and permanent physical or mental disability and if:

• You are less than 60 years of age and are incapable of engaging in a substantial, gainful occupation on a regular basis;

 

• You are 60 years of age or over and are incapable, on a regular basis, of engaging in the substantial, gainful occupation you held before disability forced you to stop working.

To redeem your shares, send the Company the following documents:

• proof that you were engaged in a substantial, gainful occupation;

AND

• a notice of acceptance from the Régie des rentes du Québec stating you are a disabled contributor.

OR

• a disability declaration (in French only) signed by you or your physician regarding your severe and permanent disability.

If you meet these requirements, you can request that the amount of your share buyback:

• be paid to you by cheque sent by mail;

OR

• be deposited to your account at the caisse. Indicate the name of your caisse and your account number.

Tax will be withheld on the shares in question if you sell them within the holding period of 7 years after the shares were acquired. You may subsequently acquire other shares of Desjardins Capital régional et coopératif, although you will not benefit from the tax credit, either for the year they were sold or for subsequent years.

Back to terms and conditions of a buyback