R-10, r. 11 - Regulation respecting pension credits obtained pursuant to sections 101 and 158 of the Act respecting the Government and Public Employees Retirement Plan

Section 9 Disposition versions

2012-09-01

9. For the application of sections 6 to 8:

A1.1 represents, where the person has benefited from the application of section 85.27 or 215.11.8 of the Act, the amount provided for in section 85.27, attributable to the pension credit referred to in this Division, multiplied by  77%;

B230 represents, where the person has benefited from the application of section 85.27 or 215.11.8 of the Act, the amount provided for in section 85.28 of the Act, attributable to the pension credit referred to in this Division, multiplied by 93%;

CR represents the amount of the pension credit payable under section 3 or, in the case of a person who was not an employee on 31 December 1999, payable on the date of retirement and takes into account, where applicable, the applicable actuarial reduction or the increase provided for in section 93 of the Act;

F represents the percentage of actuarial reduction applicable to the retirement subtracted from 1;

F1 represents the percentage of actuarial reduction applicable to the pension credit payable under section 3 subtracted from 1;

N represents the number of years of service attributable to the pension credit referred to in this section;

MGA represents the average of the maximum admissible earnings within the meaning of the Act respecting the Québec Pension Plan (chapter R-9) applicable to the date of retirement; and

TM represents the average admissible salary established in accordance with section 36 of the Act.

T.B. 197198, s. 9.