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

Full text
215.0.0.21. (Repealed).
2000, c. 32, s. 39; 2001, c. 31, s. 352.
215.0.0.21. Before 31 December 2000, the following transfers shall be made :
(1)  from the dedicated fund to the consolidated revenue fund, an amount of $16,200,000 on 1 January 2000, intended for the financing of the additional benefits that result from the application, from 1 January 2000, of the measures referred to in section 215.0.0.17 and that pertain to the years and parts of a year of service relating to the Teachers Pension Plan and the Civil Service Superannuation Plan which have been transferred to this plan before 1 January 2000 ;
(2)  from the dedicated fund to the employers’ contributory fund, an amount of $19,900,000 on 1 January 2000, intended for the financing of 2/12 of the additional benefits that result from the application, from 1 January 2000, of the measures referred to in section 215.0.0.17 and that pertain to years and parts of a year of service credited and prior to 1 July 1982.
The amounts established in subparagraphs 1 and 2 of the first paragraph shall bear interest, from 1 January 2000 until the date of each transfer, at the rate determined in accordance with section 215.0.0.16.
2000, c. 32, s. 39.