22. Any refund of contributions to be issued as a result of a death must be reduced by the sums awarded to the spouse with interest compounded annually at a rate determined for each period under Schedule II of the Act and accrued from 1 July of the year of assessment to the first day of the month during which the refund is issued, except for the period during which a pension is paid. Notwithstanding the foregoing, no interest is calculated on the portion of those sums that come from years or part of a year of service relative to the pension fund for officers of education established by Part VIII of the Education Act (R.S.Q. 1964, c. 235), the Teachers Pension Plan or the Civil Service Superannuation Plan, if those years or parts of a year of service were transferred to this plan otherwise than on an actuarially equivalent basis.
O.C. 839-91, s. 22; 220172T.B. 220172, s. 171.