R-10 - Act respecting the Government and Public Employees Retirement Plan

Section 105 Disposition versions

1991-01-01

105. If the supplemental pension plan is a defined contribution plan within the meaning of the Supplemental Pension Plans Act (chapter R-15.1), the funds from that plan accrued in respect of each employee shall be used to acquire pension credit computed in accordance with the criteria prescribed by regulation.

If the supplemental pension plan is a defined benefit plan within the meaning of the said Act, the pension credit accumulated in the said plan becomes pension credit contemplated in section 101, for the purposes of this plan.

The accumulated pension credit must be adjusted by the administrator of the supplemental pension plan to take into account the terms and conditions provided for in sections 59 and 103. Such adjustment must not effect any change in the actuarial value of such pension credit.

1973, c. 12, s. 92; 1982, c. 33, s. 11; 1982, c. 62, s. 143; 1983, c. 24, s. 1; 1990, c. 87, s. 63.

1983-07-01

105. If the supplemental pension plan is a money purchase plan within the meaning of the Act respecting supplemental pension plans (chapter R-17), the funds from that plan accrued in respect of each employee shall be used to acquire pension credit computed in accordance with the criteria prescribed by regulation.

If the supplemental pension plan is a unit benefit plan within the meaning of the said Act, the pension credit accumulated in the said plan becomes pension credit contemplated in section 101, for the purposes of this plan.

The accumulated pension credit must be adjusted by the administrator of the supplemental pension plan to take into account the terms and conditions provided for in sections 59 and 103. Such adjustment must not effect any change in the actuarial value of such pension credit.

1973, c. 12, s. 92; 1982, c. 33, s. 11; 1982, c. 62, s. 143; 1983, c. 24, s. 1.

1982-12-18

105. Every employee is entitled to be credited for pension purposes, with the years during which he was a Member of the National Assembly and for which he paid the contributions provided for by section 87 of the Legislature Act (chapter L-1), unless he is entitled to a pension under the said Act.

He shall, for such purpose, pay to the Commission, for each of such years, an amount equal to the rate of contribution applicable to each of such years on the lesser of

(1)  the indemnity which he received as a Member; and

(2)  the salary he is entitled to receive during the first year he becomes an employee, after having been a Member.

The pension, in such case, is based only on the salary he receives while participating in this plan.

1973, c. 12, s. 92; 1982, c. 33, s. 11; 1982, c. 62, s. 143.

1982-06-23

105. Every employee is entitled to be credited for pension purposes, with the years during which he was a Member of the National Assembly of Québec and for which he paid the contributions provided for by section 87 of the Legislature Act (chapter L-1), unless he is entitled to a pension under the said Act.

He shall, for such purpose, pay to the Commission, for each of such years, an amount equal to the rate of contribution applicable to each of such years on the lesser of

(1)  the indemnity which he received as a Member; and

(2)  the salary he is entitled to receive during the first year he becomes an employee, after having been a Member.

The pension, in such case, is based only on the salary he receives while participating in this plan.

1973, c. 12, s. 92; 1982, c. 33, s. 11.

1977-12-31

105. Every employee is entitled to be credited for pension purposes, with the years during which he was a Member of the National Assembly and for which he paid the contributions provided for by section 87 of the Legislature Act (chapter L-1), unless he is entitled to a pension under the said act; he shall, for such purpose, pay to the Commission an equal amount, for each of such years, at the employee’s contribution rate applicable on the date when this plan becomes applicable to him, of the lesser of the indemnity which he received as a Member and the salary he is entitled to receive during the first year he is employed, after having been a Member. His pension, in such case, is based only on the salary he receives while participating in this plan.

1973, c. 12, s. 92.