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

Full text
90. Pension credit is deemed, for the purposes of computing premiums, to be payable at 65 years of age or, if the employee purchases pension credit after he is 65 years of age, on the date of purchase.
1973, c. 12, s. 80; 1974, c. 9, s. 18; 1982, c. 51, s. 33; 1983, c. 24, s. 1.
90. Every employee contributing to the Civil Service Superannuation Plan or the Teachers Pension Plan who elects, in accordance with this act, to contribute to this plan, shall be credited, for pension purposes, with the years of service and the salary with which he is entitled to be credited under the plan to which he is contributing on the date of his election, provided that his contributions have not been reimbursed to him.
However, with respect to the years of service so credited, the provisions of the Act respecting the Civil Service Superannuation Plan or, where such is the case, the Act respecting the Teachers Pension Plan relating, in case of disability, death or cessation of employment, to qualification for a pension and payment of a pension continue to apply until a pension or a deferred annuity becomes payable by virtue of this Act. Such provisions then continue to apply only if they are more advantageous for the pensioner than those of this Act.
Account shall be taken, in applying sections 70.1 and 72, of every payment made in accordance with the second paragraph in respect of the years of service so credited.
The employee’s contributions prior to the date on which he begins to contribute to this plan do not bear interest.
1973, c. 12, s. 80; 1974, c. 9, s. 18; 1982, c. 51, s. 33.
90. Every employee contributing to the Civil Service Superannuation Plan or the Teachers Pension Plan who elects, in accordance with this act, to contribute to this plan, shall be credited, for pension purposes, with the years of service and the salary with which he is entitled to be credited under the plan to which he is contributing on the date of his election, provided that his contributions have not been reimbursed to him.
However, with respect to the years of service so credited, the provisions of the Act respecting the Civil Service Superannuation Plan or, where such is the case, the Act respecting the Teachers Pension Plan relating, in case of disability, death or cessation of employment, to qualification for a pension and payment of a pension continue to apply until a pension or a deferred annuity becomes payable by virtue of this Act. Such provisions then continue to apply only if they are more advantageous for the pensioner than those of this Act.
Account shall be taken, in applying sections 72 and 79 of this act, of every payment made in accordance with the second paragraph of this section in respect of the years of service so credited.
The employee’s contributions prior to the date on which he begins to contribute to this plan do not bear interest.
1973, c. 12, s. 80; 1974, c. 9, s. 18.