65. From the month following the sixty-fifth birthday of a pensioner or, if he is 65 years of age or over, from the month following the date of his retirement, his pension is reduced by 0.7% of the average pensionable salary determined in section 58 per year of service subsequent to 31 December 1965.
Where the average salary used is the average salary fixed under section 58.1, such reduction is effected upon the average pensionable salary determined under section 58.
However, such reduction does not apply to the part of the average pensionable salary in excess of the maximum average pensionable earnings within the meaning of the Act respecting the Québec Pension Plan in respect of the last five years preceding retirement.
1973, c. 12, s. 56; 1977, c. 21, s. 20; 1982, c. 51, s. 20.