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

Full text
7.14. A pensioner who retired between 1 January 1995 and 15 April 2001 is entitled, from the latter date, to the supplementary benefit provided for in this Division. A pensioner who receives a pension under subparagraph 5 of the first paragraph of section 44 of the Act is entitled to the supplementary benefit only from the first day of the month following the month in which the age of 55 is reached, if on 15 April 2001 the pensioner had not reached that age.
If, on 15 April 2001, the pensioner had not reached the age of 55, the pensioner’s benefit shall be reduced, for the duration of its term, by 1/12 of 7% per month between 15 April 2001 and the month in which the age of 55 is reached. The pensioner may choose to postpone payment to the first day of the month that follows the month in which that age is reached.
If, on 15 April 2001, the pensioner had reached the age of 55, the pensioner’s benefit shall be increased, for the duration of its term, by 1/12 of 7% per month between the date on which the age of 55 is reached and 15 April 2001. That rule also applies to a pensioner who receives a pension under subparagraph 5 of the first paragraph of section 44 of the Act.
T.B. 198913, s. 3.