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R-10, r. 10 - Pension plan for federal employees transferred to employment with the Gouvernement du Québec
Section 40
Disposition versions
40. For the purposes of this Chapter:
“annual allowance” means a pension reduced in accordance with sections 62 to 65, 67 to 70 and 90.5;
“beneficiary” means a person to whom any benefit is or is about to become payable under this plan;
“cash severance allowance” means an amount equal to one month’s salary for each year of pensionable service and calculated on the basis of the employee’s authorized salary rate upon ceasing to participate in this plan;
“deferred pension” means a pension that becomes payable to a contributor once he reaches age 60;
“immediate pension” means a pension that becomes payable to a contributor once he becomes eligible therefor;
“pension” means a pension calculated under section 55;
“refund of contributions” means a refund of the amount paid by a contributor to this plan and of the amount of the contributions and interest credited to the contributor and transferred to Retraite Québec.
40. For the purposes of this Chapter:
“annual allowance” means a pension reduced in accordance with sections 62 to 65, 67 to 70 and 90.5;
“beneficiary” means a person to whom any benefit is or is about to become payable under this plan;
“cash severance allowance” means an amount equal to one month’s salary for each year of pensionable service and calculated on the basis of the employee’s authorized salary rate upon ceasing to participate in this plan;
“deferred pension” means a pension that becomes payable to a contributor once he reaches age 60;
“immediate pension” means a pension that becomes payable to a contributor once he becomes eligible therefor;
“pension” means a pension calculated under section 55;
“refund of contributions” means a refund of the amount paid by a contributor to this plan and of the amount of the contributions and interest credited to the contributor and transferred to the Commission.
