31. A person 60 years of age or more who ceases to be a Member is entitled, upon application, to a retirement pension.
A person under 60 years of age is entitled, upon application, to a retirement pension reduced, for its duration, by 0.25% for each month between the date on which the pension is payable and the date on which he attains 60 years of age.
1982, c. 66, s. 31; 1992, c. 9, s. 2.