R-10 - Act respecting the Government and Public Employees Retirement Plan

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55. Contributions are reimbursed with interest at the rates determined in Schedules VI and VII according to the periods of application of those rates provided for in the relevant sections. Contributions accrued with interest during the period of application of the rates determined in Schedule VI may not be less than the contributions.
However, contributions with respect to service that had been credited to the employee under another pension plan and that has been credited under this plan in accordance with section 98 are reimbursed without interest, except, where applicable, interest payable on the amount determined pursuant to section 46.1.
1973, c. 12, s. 47; 1977, c. 21, s. 16; 1982, c. 51, s. 14; 1983, c. 24, s. 1; 1987, c. 107, s. 174; 1990, c. 87, s. 48; 2004, c. 39, s. 102.
55. Contributions are reimbursed with interest.
However, contributions with respect to service that had been credited to the employee under another pension plan and that has been credited under this plan in accordance with section 98 are reimbursed without interest, except, where applicable, interest payable on the amount determined pursuant to section 46.1.
1973, c. 12, s. 47; 1977, c. 21, s. 16; 1982, c. 51, s. 14; 1983, c. 24, s. 1; 1987, c. 107, s. 174; 1990, c. 87, s. 48.
55. Contributions are reimbursed with interest.
However, contributions with respect to service that had been credited to the employee under another pension plan and that has been credited under this plan in accordance with section 98 are reimbursed without interest.
1973, c. 12, s. 47; 1977, c. 21, s. 16; 1982, c. 51, s. 14; 1983, c. 24, s. 1; 1987, c. 107, s. 174.
55. The contributions paid by the employee while he was governed by the Teachers Pension Plan or the Civil Service Superannuation Plan are always computed without interest.
Furthermore, every reimbursement of contributions must be deducted from the sums paid pursuant to section 99.
1973, c. 12, s. 47; 1977, c. 21, s. 16; 1982, c. 51, s. 14; 1983, c. 24, s. 1.
55. Repealed.
1973, c. 12, s. 47; 1977, c. 21, s. 16; 1982, c. 51, s. 14.
55. Compulsory retirement age is 65 years.
However, in respect of employees in office on June 30 1973, compulsory retirement age is 67 years until April 30 1974 and 66 years from May 1 1974 to December 31 1975. Furthermore, if compulsory retirement age is attained on 22 December 1973 or between such date and April 30 1974, it shall be deferred till April 30 1974.
When an employee reaches compulsory retirement age, his employment shall cease pleno jure. Such employee shall no longer accumulate service entitling him to a pension and the deduction provided for in section 47 ceases to apply to him.
1973, c. 12, s. 47; 1977, c. 21, s. 16.