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

Section 10.0.2 Disposition versions

2012-09-01

10.0.2. When the agreement becomes void, the pensionable salary, the service credited and the contributions shall be determined as follows:

(1)  the pensionable salary is the salary paid to the employee and that to which he would have been entitled if the employee had accomplished service, had it not been for the employee’s eligibility for salary insurance;

(2)  the service credited to the employee corresponds to the number of days and parts of days during which the employee accomplished service and during which the employee would have accomplished service if the employee had not been eligible for salary insurance;

(3)  the contributions recognized are those calculated on the pensionable salary paid to the employee and on that to which the employee would have been entitled if the employee had accomplished service, had it not been for the employee’s eligibility for salary insurance.

To compute the pension, the annualized pensionable salary is

(1)  for each of the years prior to 2010 during which the agreement applied, the salary determined in accordance with sections 53.1 to 53.3, 53.5 and 53.20 of the Act on the basis of the pensionable salary and service credited respectively referred to in subparagraphs 1 and 2 of the first paragraph;

(2)  for each of the years after 2009 during which the agreement applied, the salary determined in accordance with sections 53.6 to 53.16, 53.19 and 53.20 of the Act on the basis of the pensionable salary referred to in subparagraph 1 of the first paragraph, if the employee holds pensionable employment for which the basis of remuneration is 260 days, or, if the employee holds pensionable employment for which the basis of remuneration is 200 days, on the basis of the basic salary and the harmonized service established for the period during which the employee accomplished service or would have accomplished service if the employee had not been eligible for salary insurance.

T.B. 208549, s. 5.