30. Notwithstanding sections 25 to 29, the pensionable salary of an employee for one year of service shall not exceed the salary necessary to reach the defined benefit limit applicable for each year under the Income Tax Act (Revised Statutes of Canada, 1985, chapter 1, 5th Supplement).
For the purposes of the first paragraph, the pensionable salary of an employee who, for the service accumulated in a calendar year, is credited with less than one year of service is equal, subject to the fourth paragraph, to the amount obtained by carrying out, in order, the following operations :
(1) dividing the salary referred to in sections 25 to 29, reduced by the amount established in accordance with the third paragraph of section 53, by the service credited ; and
(2) adding to the result of that operation the amount established in accordance with the third paragraph of section 53.
For the purposes of the second paragraph, the limit provided for in the first paragraph is not taken into account as regards the pensionable salary referred to in the third paragraph of section 53.
For the purposes of the second paragraph, the pensionable salary must not exceed the amount obtained by multiplying the limit referred to in the first paragraph by the service credited to the employee during the year.
2001, c. 31, s. 30; 2004, c. 39, s. 219.