32. The amount of the deferred annuity prescribed by section 31 shall be at least equal to the amount of the pension provided at normal retirement age in respect of service as an employee in Québec or in a place where the supplemental plan of which the employee is a member is subject to similar legislation
(a) under the plan,
(b) by an amendment made since the qualification date, or
(c) by a plan established on or after the qualification date.
The pension provided under paragraph a shall be in respect only of employment on or after the qualification date.
The deferred annuity prescribed by section 31 shall be at least equal in value to the pension that would arise from the contributions made by the employee in respect of such deferred annuity and shall comprise the same terms and conditions as those of the retirement pension to which the member would have been entitled had he reached normal retirement age.
1965 (1st sess.), c. 25, s. 34; 1975, c. 18, s. 10.