C-37.2 - Act respecting the Communauté urbaine de Montréal

Full text
22.2. The Community shall pay a severance allowance to the person who ceases to hold the position of chairman of the executive committee after having accumulated during his term two or more years of credited service under the pension plan established by the Act respecting the Pension Plan of Elected Municipal Officers (chapter R-9.3).
The amount of the allowance is equal to the product obtained by multiplying the amount of the average bi-weekly remuneration computed on the basis of a period of 12 consecutive months preceding the date on which he ceased to hold the position of chairman of the executive committee by the number of years of service credited, while holding that position, from 1 January 1992; the amount of the allowance is increased by that part of the bi-weekly remuneration which is proportional to any part of a year of credited service.
If a person who has already received a severance allowance again holds the position of chairman of the executive committee, the Community, when he again ceases to hold the position of chairman, shall pay to him an allowance computed in accordance with the second paragraph, excluding, however, for the purposes of the computation, the years or parts of years of service for which the person has already received such allowance.
If a person who again holds the position of chairman of the executive committee is subject to section 39 or 80 of the Act respecting the Pension Plan of Elected Municipal Officers, the Community shall pay to him, when he again ceases to hold the position of chairman, an allowance computed in accordance with the third paragraph, on the basis, however, of the years or parts of years for which the person again held the position of chairman of the executive committee, whether or not he was participating in the pension plan at that time.
The total amount of the allowance shall not exceed the remuneration received by the person in the period of 12 consecutive months preceding the date on which he ceased to hold the position of chairman of the executive committee.
1993, c. 68, s. 6.