R-12.1, r. 1 - Regulation under the Act respecting the Pension Plan of Management Personnel

Section 5 Disposition versions

2016-01-01

5. In the case where the employee is not receiving a salary on the date Retraite Québec receives the application for redemption referred to in the second paragraph of section 39 of the Act, the tariff applies to the annual pensionable salary that would have been paid to the employee on that date under the conditions of employment that would have applied if the employee had continued to hold, up to that date, the employment held on the last day of service credited.

If that employment no longer exists with the employer, the tariff applies to the annual pensionable salary the employee was receiving on the last day of service credited, increased by the percentage increase of the salary scale provided for in the conditions of employment applicable to class 4 public service management personnel positions between that last day and the day the application for redemption is received at Retraite Québec.

T.B. 202420, s. 5.

2012-09-01

5. In the case where the employee is not receiving a salary on the date the Commission administrative des régimes de retraite et d’assurances receives the application for redemption referred to in the second paragraph of section 39 of the Act, the tariff applies to the annual pensionable salary that would have been paid to the employee on that date under the conditions of employment that would have applied if the employee had continued to hold, up to that date, the employment held on the last day of service credited.

If that employment no longer exists with the employer, the tariff applies to the annual pensionable salary the employee was receiving on the last day of service credited, increased by the percentage increase of the salary scale provided for in the conditions of employment applicable to class 4 public service management personnel positions between that last day and the day the application for redemption is received at the Commission.

T.B. 202420, s. 5.