L-1 - Legislature Act

Section 95 Disposition versions

1977-12-31

95. (1)  Every member shall be entitled to have added to the total amount of his contributions, for the purposes of computing his pension, for each year prior to the 1st of January 1970 during which he was a member, an amount not exceeding two per cent of the indemnity paid to him for each of such years; he may also, in the case contemplated in subsection 2 of section 87, have added to the total amount of his contributions, for each of such years, an amount not exceeding one-half of one per cent of the indemnity paid to him for each of such years.

(2)  The member who wishes to avail himself of subsection 1 must give a notice to that effect to the Minister of Finance and pay into the consolidated revenue fund within the ensuing year such amounts as he wishes to have added to his contributions; such notice must be given, by a person who is a member of the National Assembly on the 1st of January 1970, before the 1st of April 1970, and by a person who subsequently becomes a member thereof, within three months after his election.

(3)  The payment of any amount under this section may nevertheless be divided into not more than five equal and consecutive yearly payments, if the member so requests in his above mentioned notice, with interest, at the legal rate, from the date of the notice.

(4)  For the purposes of this section, the word “member” means a person who is a member of the National Assembly on the 1st of January 1970 or who subsequently becomes a member thereof.

1969, c. 11, s. 5.