R-9.2, r. 1 - Regulation under the Act respecting the Pension Plan of Peace Officers in Correctional Services

Section 3.3 Disposition versions

2012-09-01

3.3. For the purposes of sections 3.1 and 3.2,

CRRR represents the amount of the pension credit on the date of retirement and takes into account any applicable actuarial reduction or the increase provided for in section 93 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10);

F represents 1 less the percentage of the actuarial reduction applicable to the employee’s pension;

MGA represents the average Maximum Pensionable Earnings within the meaning of the Act respecting the Québec Pension Plan (chapter R-9);

N represents the number of years and parts of a year added, solely for purposes of eligibility for a pension, under section 41.2 of the Act;

NL represents the minimum between N and 35 less the number of years of service credited to the plan; and

TM represents

(1)  for a pension credit pertaining to a year prior to 1992, the average pensionable salary determined in accordance with subdivision 2.0.1 of Division I of Chapter IV of the Act on the basis of average annualized pensionable salaries that do not take into account the limit provided for in the first paragraph of section 14.1 of the Act;

(2)  for a pension credit pertaining to a year after 1991, the average pensionable salary determined in accordance with that subdivision 2.0.1 of the Act on the basis of average annualized pensionable salaries that take into account the limit provided for in the first paragraph of section 14.1 of the Act.

In respect of an employee who ceases to participate in the plan before 1 January 2010, TM has the meaning assigned by this section as it reads on the date on which the employee ceases to participate.

T.B. 199294, s. 1; T.B. 208553, s. 3.