RATE APPLICABLE TO CERTAIN REDEMPTIONS UNDER SECTION 9.2
The redemption cost is established by multiplying the annual pension credit, indexed in accordance with section 30 or section 63.0.7 of the Act, as the case may be, up to the date of receipt of the application for redemption, by the factor corresponding to the age of the person on that date.
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Age group Factor
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Less than 40 years 4.75
40 to 49 years 7.25
50 to 59 years 9.75
60 years and over 10.00