R-9.2 - Act respecting the Pension Plan of Peace Officers in Correctional Services

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36. An employee is entitled to be credited with the years and parts of a year of service during which the employee was a member of the staff of the Lieutenant-Governor, of a minister or of a person referred to in section 124.1 of the Act respecting the National Assembly (chapter A-23.1), provided the employee has not otherwise been credited with those years and parts of a year and any employee contributions in respect of them have not been refunded.
To have all or part of that service credited, the employee must pay to Retraite Québec an amount equal to the contribution that would have been required if the employee had been a member of this plan. The amount bears interest, compounded annually, at the rates determined in Schedule II to this Act, for each year, from the midpoint of the period during which the employee would have paid contributions if the employee had been a member of the plan in the course of that year until the date the application is received at Retraite Québec and at the rate determined in Schedule III from the day following that date to the date of the redemption proposal made by Retraite Québec. Years and parts of a year of service are credited beginning with the most recent service.
The amount required of the employee to pay the cost of redemption under this section is payable in accordance with section 30.
1987, c. 107, s. 36; 1990, c. 87, s. 25; 2004, c. 39, s. 6; 2006, c. 55, s. 5; 2007, c. 43, s. 26; 2013, c. 9, s. 7; 2015, c. 20, s. 61.
36. An employee is entitled to be credited with the years and parts of a year of service during which the employee was a member of the staff of the Lieutenant-Governor, of a minister or of a person referred to in section 124.1 of the Act respecting the National Assembly (chapter A-23.1), provided the employee has not otherwise been credited with those years and parts of a year and any employee contributions in respect of them have not been refunded.
To have all or part of that service credited, the employee must pay to the Commission an amount equal to the contribution that would have been required if the employee had been a member of this plan. The amount bears interest, compounded annually, at the rates determined in Schedule II to this Act, for each year, from the midpoint of the period during which the employee would have paid contributions if the employee had been a member of the plan in the course of that year until the date the application is received at the Commission and at the rate determined in Schedule III from the day following that date to the date of the redemption proposal made by the Commission. Years and parts of a year of service are credited beginning with the most recent service.
The amount required of the employee to pay the cost of redemption under this section is payable in accordance with section 30.
1987, c. 107, s. 36; 1990, c. 87, s. 25; 2004, c. 39, s. 6; 2006, c. 55, s. 5; 2007, c. 43, s. 26; 2013, c. 9, s. 7.
36. An employee is entitled to be credited with the years and parts of a year of service during which the employee was a member of the staff of the Lieutenant-Governor, of a minister or of a person referred to in section 124.1 of the Act respecting the National Assembly (chapter A-23.1), provided the employee has not otherwise been credited with those years and parts of a year and any employee contributions in respect of them have not been refunded.
To have all or part of that service credited, the employee must pay to the Commission an amount equal to the contribution that would have been required if the employee had been a member of this plan. The amount bears interest, compounded annually, at the rates determined in Schedule VI to the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), for each year, from the midpoint of the period during which the employee would have paid contributions if the employee had been a member of the plan in the course of that year until the date the application is received at the Commission and at the rate determined in Schedule VII to that Act from the day following that date to the date of the redemption proposal made by the Commission. Years and parts of a year of service are credited beginning with the most recent service.
The amount required of the employee to pay the cost of redemption under this section is payable in accordance with section 30.
1987, c. 107, s. 36; 1990, c. 87, s. 25; 2004, c. 39, s. 6; 2006, c. 55, s. 5; 2007, c. 43, s. 26.
36. An employee is entitled to be credited with the years and parts of a year of service during which the employee was a member of the staff of the Lieutenant-Governor, of a minister or of a person referred to in section 124.1 of the Act respecting the National Assembly (chapter A-23.1), provided the employee has not otherwise been credited with those years and parts of a year and any employee contributions in respect of them have not been refunded.
To have all or part of that service credited, the employee must pay to the Commission an amount equal to the contribution that would have been required if the employee had been a member of this plan. The amount bears interest, compounded annually, at the rates determined in Schedule VI to the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) from the midpoint of each year until the date the application is received at the Commission and at the rate determined in Schedule VII to that Act from the day following that date to the date of the redemption proposal made by the Commission. Years and parts of a year of service are credited beginning with the most recent service.
The amount required of the employee to pay the cost of redemption under this section is payable in accordance with section 30.
1987, c. 107, s. 36; 1990, c. 87, s. 25; 2004, c. 39, s. 6; 2006, c. 55, s. 5; 2007, c. 43, s. 26.
36. An employee is entitled to be credited with the years and parts of a year of service during which the employee was a member of the staff of a minister or of a person referred to in section 124.1 of the Act respecting the National Assembly (chapter A-23.1), provided the employee has not otherwise been credited with those years and parts of a year and any employee contributions in respect of them have not been refunded.
To have all or part of that service credited, the employee must pay to the Commission an amount equal to the contribution that would have been required if the employee had been a member of this plan. The amount bears interest, compounded annually, at the rates determined in Schedule VI to the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) from the midpoint of each year until the date the application is received at the Commission and at the rate determined in Schedule VII to that Act from the day following that date to the date of the redemption proposal made by the Commission. Years and parts of a year of service are credited beginning with the most recent service.
The amount required of the employee to pay the cost of redemption under this section is payable in accordance with section 30.
1987, c. 107, s. 36; 1990, c. 87, s. 25; 2004, c. 39, s. 6; 2006, c. 55, s. 5.
36. An employee is entitled to be credited with the years and parts of a year of service during which the employee was a member of the staff of a minister or of a person referred to in section 124.1 of the Act respecting the National Assembly (chapter A-23.1), provided the employee has not otherwise been credited with those years and parts of a year and any employee contributions in respect of them have not been refunded.
To have all or part of that service credited, the employee must pay to the Commission an amount equal to the contribution that would have been required if the employee had been a member of this plan. The amount bears interest, compounded annually, at the rates determined for each period in Schedule VI to the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) from the midpoint of each year until the date the application is received at the Commission and at the rate determined in Schedule VII to that Act from the day following that date to the date of the redemption proposal made by the Commission. Years and parts of a year of service are credited beginning with the most recent service.
The amount required of the employee to pay the cost of redemption under this section is payable in accordance with section 30.
1987, c. 107, s. 36; 1990, c. 87, s. 25; 2004, c. 39, s. 6.
36. The employee shall pay the amount established under section 35 in a single payment. Where he redeems two years of service or more, he may pay by instalments; in that case, the amount to be paid by him shall bear interest from the date on which the redemption proposal made by the Commission expires, at the rate of 5 %, compounded annually, and may be apportioned in equal and consecutive annual instalments over a period not exceeding five years.
1987, c. 107, s. 36; 1990, c. 87, s. 25.
36. The employee shall pay the amount established under section 35 in a single payment. Where he redeems two years of service or more, he may pay by instalments; in that case, the amount to be paid by him shall bear interest at the rate of 5 %, compounded annually, and may be apportioned in equal and consecutive annual instalments over a period not exceeding five years.
1987, c. 107, s. 36.