29. The employer shall, except for a pensioner who, even if he holds pensionable employment, is not an employee for the purposes of this plan and an employee referred to in section 70 of the Act respecting the Teachers Pension Plan (chapter R-11), section 43.1 or section 89.4 of the Act respecting the Civil Service Superannuation Plan (chapter R-12) or section 112 of the Act respecting the Pension Plan of Peace Officers in Correctional Services (chapter R-9.2) and from, in the latter cases, the date on which his election not to participate or, as the case may be, not to again participate in this plan applies, withhold from the pensionable salary he pays to each employee and, in the case of a pensioner, from any lump sum paid under section 16, an annual amount equal to 7 % from that part of the pensionable salary which exceeds 35 % of the maximum pensionable earnings within the meaning of the Act respecting the Québec Pension Plan (chapter R-9).
However, the exemption of 35 % is, for the purposes of the deduction, established according to the number of days and parts of a day for which the employee or, as the case may be, the pensioner was assessed or exempt from contributions, out of the number of contributory days in a year, that is, 200 or 260, according to the basis of remuneration.
No amount shall be withheld from the pensionable salary paid to an employee who has at least 35 years of credited service.
1973, c. 12, s. 27; 1983, c. 24, s. 1; 1987, c. 47, s. 18; 1987, c. 107, s. 167; 1988, c. 82, s. 13; 1990, c. 87, s. 105; 1995, c. 70, s. 21.