R-9.1 - Act respecting the Pension Plan of Certain Teachers

Section 34.9 Disposition versions

2006-01-01

34.9. Any deferred annuity is cancelled if the person again holds pensionable employment under this plan, and the years of service he accumulates are added to the years of service already credited.

However, if the person retires at the age of 65 and had elected to receive an amount and a deferred annuity, the recomputed pension is reduced by that part of the annual value of the original pension that was paid to him. If the person retires at an age other than 65, the annual value of the original pension paid is adjusted, taking into account the age of the person at the time of retirement according to the actuarial assumptions and methods determined by regulation in accordance with section 53 of the Act respecting the Government and Public Employees Retirement Plan (chapter R‐10). If he is entitled to a deferred annuity at the time he ceases to be a member of this plan, he cannot reapply for an amount representing up to 25% of the actuarial value of the recomputed pension.

1990, c. 87, s. 7; 2004, c. 39, s. 68.

1991-01-01

34.9. Any deferred annuity is cancelled if the person again holds pensionable employment under this plan, and the years of service he accumulates are added to the years of service already credited.

However, if the person had elected to receive an amount and a deferred annuity, the recomputed pension is reduced by that part of the annual value of the original pension that was paid to him. If he is entitled to a deferred annuity at the time he ceases to be a member of this plan, he cannot reapply for an amount representing up to 25 % of the actuarial value of the recomputed pension.

1990, c. 87, s. 7.