157. For every application received after 31 December 1976, the retirement pension is payable commencing with the month in which the beneficiary reached 65 years of age.
However, no retirement pension is payable for any month preceding the latest of the following months:
(a) the twelfth month preceding the month that follows the month in which the application is received;
(b) the month following the month in which the beneficiary ceased to be a worker if he applies after the date of that occurrence;
(c) 1 January 1977, unless the beneficiary has reached 70 years of age before that date;
(d) the month following the month in which the application was received if the beneficiary is still a worker during the month in which the application is received;
(e) the month following the latest month for which unadjusted pensionable earnings were allotted to the beneficiary following a partition provided for in section 102.1.
For the purposes of this section, an individual is deemed to cease to be a worker on the month preceding his seventieth birthday.
1977, c. 24, s. 9; 1979, c. 54, s. 6.