207. If the person holds or again holds pensionable employment under the retirement plan established under this Act, even if, in that employment, he is a member of the Pension Plan of Certain Teachers or if he holds pensionable employment under the Pension Plan of Management Personnel or the Pension Plan of Peace Officers in Correctional Services, before 65 years of age, he is no longer entitled to the amount added to his pension and the provisions of the retirement plans respecting the return to work of a pensioner under 65 years of age apply.
Every amount that was added to the pension of the person referred to in the first paragraph is compensated for in the pension in the manner prescribed by regulation from the time he receives his full pension after reaching 65 years of age.
Notwithstanding the first paragraph, a person referred to in the first paragraph who wishes to retain the amount added to his pension is not entitled to the salary attached to the employment held. In that case, the pensioner shall continue to be entitled to the amount added to his pension which shall continue to be paid to him and the second paragraph and the provisions of the pension plans relating to the return to work of a pensioner under 65 years of age do not apply; however, in the case of a pensioner under the Pension Plan of Management Personnel, the provisions of Chapter VII of the Act respecting the Pension Plan of Management Personnel (chapter R-12.1) apply.
1983, c. 24, s. 1; 1987, c. 107, s. 205; 1990, c. 87, s. 105; 1997, c. 50, s. 49; 2001, c. 31, s. 348.