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R-10 - Act respecting the Government and Public Employees Retirement Plan
Section 115.2
Disposition versions
115.2. The amount established pursuant to section 115.1 is payable in a lump sum or by instalments spread over the period and payable at the times determined by Retraite Québec or, if provided for in the employee’s conditions of employment, by using all or part of their accumulated sick leave. In the latter case, their employer shall pay all or part of the amount according to the terms determined by Retraite Québec. If it is paid by instalments, it bears interest, compounded annually, at the rate provided for in Schedule VII in force on the date on which the application is received, computed from the date on which the redemption proposal made by Retraite Québec expires.
115.2. The amount established pursuant to section 115.1 is payable in a lump sum or by instalments spread over the period and payable at the times determined by Retraite Québec or, if provided for in the employee’s conditions of employment, by using all or part of his accumulated sick leave. In the latter case, his employer shall pay all or part of the amount according to the terms determined by Retraite Québec. If it is paid by instalments, it bears interest, compounded annually, at the rate provided for in Schedule VII in force on the date on which the application is received, computed from the date on which the redemption proposal made by Retraite Québec expires.
115.2. The amount established pursuant to section 115.1 is payable in a lump sum or by instalments spread over the period and payable at the times determined by Retraite Québec. If it is paid by instalments, it bears interest, compounded annually, at the rate provided for in Schedule VII in force on the date on which the application is received, computed from the date on which the redemption proposal made by Retraite Québec expires.
115.2. The amount established pursuant to section 115.1 is payable in a lump sum or by instalments spread over the period and payable at the times determined by the Commission. If it is paid by instalments, it bears interest, compounded annually, at the rate provided for in Schedule VII in force on the date on which the application is received, computed from the date on which the redemption proposal made by the Commission expires.
115.2. The amount established pursuant to section 115.1 is payable in a lump sum or by instalments spread over the period and payable at the times determined by the Commission. If it is paid by instalments, it bears interest, compounded annually, at the rate in force on the date on which the application is received, computed from the date on which the redemption proposal made by the Commission expires.
115.2. The employee may, to pay the cost of redeeming service under section 115.1, spread payment thereof with annually compounded interest at the rate in force on the date of receipt of the application over the period and at the intervals determined by the Commission.
115.2. The employee may, to pay the cost of redeeming service under section 115.1, spread payment thereof with interest at the rate in force on the date of receipt of the application over the period and at dates of payment determined by the Commission.
