R-10, r. 4 - Regulation respecting the application of Title IV.2 of the Act respecting the Government and Public Employees Retirement Plan

Section 15.3 Disposition versions

2012-09-01

15.3. Where the provisions of that Act pertaining to a pensioner’s return to work apply to the pension of an employee who anticipated payment thereof under this Chapter, that pension shall, for the purposes of section 155 of that Act, be recomputed as follows:

(1)  by recomputing the pension in accordance with the provisions of the Pension Plan of Management Personnel to take into account the pensioner’s pensionable salary and the years of service credited for the period during which the pension ceases to be paid;

(2)  by reducing the amount obtained under paragraph 1, during the pension payment period, by the percentage of actuarial reduction that applied to the pension on the date of retirement; and

(3)  by reducing the amount obtained under paragraph 2 by the amount obtained under the first paragraph of section 57 of that Act, with the latter amount being reduced by the percentage referred to in paragraph 2.

T.B. 200048, s. 7.