111. The employee who has received the reimbursement of his contributions must, to be credited with the years and parts of a year of service contemplated in section 110, remit the said reimbursed sums to the Commission. The employer shall also remit his share to the Commission.
If the employee has received the reimbursement of his contributions and the contributory amounts of his employer, he shall remit such sums.
The sums remitted in order to be credited with such years and parts of a year bear interest from the date on which they were reimbursed, at the rate of 7.25 %, compounded annually. However, no interest is computed for the period during which the redemption proposal made by the Commission is valid.
1973, c. 12, s. 98; 1983, c. 24, s. 1; 1990, c. 87, s. 64.