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

Full text
91. Pension credit is granted as a life annuity payable to the employee from 65 years of age or, if the employee retires at an age other than 65, on the date of his retirement. However, the employee may, on request, obtain that his pension credit be granted to him on any date subsequent to the date on which he retires but not later than the date of his 65th birthday.
The pension credit is paid to the pensioner until the first day of the month following the pensioner’s death.
1973, c. 12, s. 81; 1983, c. 24, s. 1; 1994, c. 20, s. 14; 1995, c. 46, s. 31; 1997, c. 50, s. 41; 1999, c. 73, s. 7; 2009, c. 56, s. 8.
91. Pension credit is granted as a life annuity payable to the employee from 65 years of age or, if the employee retires at an age other than 65, on the date of his retirement. However, the employee may, on request, obtain that his pension credit be granted to him on any date subsequent to the date on which he retires but not later than the date of his sixty-fifth birthday.
The spouse or, where there is no spouse, the successors of a deceased pensioner are entitled to receive, until the first day of the month following the death of the pensioner, the pension credit pertaining to the month of death that he would have received or would otherwise have received.
1973, c. 12, s. 81; 1983, c. 24, s. 1; 1994, c. 20, s. 14; 1995, c. 46, s. 31; 1997, c. 50, s. 41; 1999, c. 73, s. 7.
91. Pension credit is granted as a life annuity payable to the employee from 65 years of age or, if the employee retires at an age other than 65, on the date of his retirement. However, the employee may, on request, obtain that his pension credit be granted to him on any date subsequent to the date on which he retires but not later than the date of his sixty-fifth birthday.
The spouse or, where there is no spouse, the successors of a deceased pensioner are entitled to receive, until the first day of the month following the death of the pensioner, the pension credit he would have received or would otherwise have received.
1973, c. 12, s. 81; 1983, c. 24, s. 1; 1994, c. 20, s. 14; 1995, c. 46, s. 31; 1997, c. 50, s. 41.
91. Pension credit is granted as a life annuity payable to the employee from 65 years of age or, if the employee retires at an age other than 65, on the date of his retirement.
The spouse or, where there is no spouse, the successors of a deceased pensioner are entitled to receive, until the first day of the month following the death of the pensioner, the pension credit he would have received or would otherwise have received.
1973, c. 12, s. 81; 1983, c. 24, s. 1; 1994, c. 20, s. 14; 1995, c. 46, s. 31.
91. Pension credit is granted as a life annuity payable to the employee from 65 years of age or, if the employee retires at an age other than 65, on the date of his retirement.
The spouse or, where there is no spouse, the assigns of a deceased pensioner are entitled to receive, until the first day of the month following the death of the pensioner, the pension credit he would have received or would otherwise have received.
1973, c. 12, s. 81; 1983, c. 24, s. 1; 1994, c. 20, s. 14.
91. Pension credit is granted as a life annuity payable to the employee from 65 years of age or, if the employee retires at an age other than 65, on the date of his retirement.
1973, c. 12, s. 81; 1983, c. 24, s. 1.
91. An employee credited under section 90 with less than 15 years of service is entitled to pension credit established in the manner provided in sections 82 to 88, but based on his annual pensionable salary on July 1 1973. Such pension credit shall be computed in accordance with the number of years by which the years credited to the employee by virtue of section 90 is exceeded by the lesser of:
(a)  15 years; and
(b)  the number of years during which the employee has held an employment with a body contemplated by this act or which, in the opinion of the Commission, would have been had it not ceased to exist.
However, the employee shall not be credited, under this section, with one or more years for which a pension or deferred annuity is payable under a retirement pension plan.
1973, c. 12, s. 81.