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

Section 6.0.0.1 Disposition versions

2018-07-17

6.0.0.1. For the purposes of the second paragraph of section 152.8.1 of the Act, the pensionable salary of a person who is not participating in the plan on the date Retraite Québec receives the application for redemption is the annual pensionable salary that would have been paid on that date if the person had benefitted from the conditions of employment that should have applied during that period or, if that date is one on which the person was an employee entitled to salary insurance benefits or an employee on maternity leave, the annual pensionable salary that the person would have been entitled to, had it not been for that absence or leave, if the person had benefitted from such conditions of employment.

In the case where the person, under the conditions of employment that should have been applicable during that period, would not have received salary on the date Retraite Québec received the person’s application for redemption, the tariff applies to the annual pensionable salary that would have been paid on that date if the person had continued to hold, up to that date, the employment held on the last day worked.

If that employment no longer exists with the employer, the tariff applies to the annual pensionable salary that would have been received if the person had benefitted from the conditions of employment that should have applied on the last day worked, increased by the percentage increase in the salary scale provided for in the conditions of employment applicable to class 4 public service management personnel positions between the last day and the day the person’s application for redemption is received at Retraite Québec.

T.B. 219771, s. 3.