A-3.001 - Act respecting industrial accidents and occupational diseases

Section 563 Disposition versions

1985-08-19

563. Where a person exercises the redistribution option, the amount of his new monthly benefits is established by multiplying the amount of the monthly benefits to which he is entitled under the Workers’ Compensation Act (chapter A-3) by the factor provided for in Schedule VIII according to his age at the date of the option and according to whether he is an injured worker or a surviving spouse.

However, if the amount of the new benefits is greater than that of the income replacement indemnity determined on the basis of the Maximum Yearly Insurable Earnings established under section 66, the person exercising the redistribution option is entitled to receive, in lieu of the amount computed in accordance with the first paragraph, the following amount:

(1)  until the age of 65, monthly benefits equal to the amount of the income replacement indemnity determined on the basis of the Maximum Yearly Insurable Earnings established under section 66;

(2)  from his sixty-fifth birthday, monthly benefits for life equal to the difference between

(a)  the monthly benefits to which he is entitled, at the date of the option, under the Workers’ Compensation Act; and

(b)  the amount obtained by dividing the amount contemplated in paragraph 1, less the amount contemplated in subparagraph a, by the factor, less the number one, provided for in Schedule VIII according to his age at the date of the option.

1985, c. 6, s. 563.