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R-10, r. 2 - Regulation under the Act respecting the Government and Public Employees Retirement Plan

Section 12.4
Disposition versions

Full text
12.4. The amount added to an employee’s pension shall correspond to the sum of the following amounts:
(1)  the amount “MO” which corresponds to “MO1” or “MO2”, whichever is lower, calculated as follows:
i.  MO1 = [NL x [(F x 2,0% x TM) - (0.7% x (TM or MGA, whichever is lower))]]- CRRR
ii.  MO2 = F x N x 1.1% x TM
(2)  an amount equal to the difference between the amount “M” determined in section 12.3 and the amount “MO” determined in subparagraph 1 of this paragraph, if the employee is under 65 years of age when the pension becomes payable. The amount is paid until the end of the month in which the pensioner reaches 65 years of age.
T.B. 195704, s. 1; T.B. 197330, s. 1.
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