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

Section 233.1 Disposition versions

2002-06-14

233.1. Sections 24, 24.0.2, 25, 115.1, 216.1, 221 and 233, as they read on 31 May 2001, continue to apply in respect of the employee who agreed to a redemption proposal before 1 June 2001 and in whose respect the third paragraph of section 216.1 of this Act or section 59.1 of the Act respecting the Pension Plan of Certain Teachers (chapter R-9.1), as they read on 31 May 2001, as the case may be, applies as of or after that date. However, the interest rate applicable to the redemption cost paid by instalments is the rate provided for in Schedule VII.

The first paragraph also applies to an employee who, while covered by the Pension Plan of Management Personnel, agreed to a redemption proposal before 1 June 2001 and in whose respect the third paragraph of section 216.1 of this Act, as it read on 31 May 2001 or, as the case may be, the third paragraph of section 199 of the Act respecting the Pension Plan of Management Personnel (chapter R-12.1), as it read on 30 June 2002, applies as of or after that date.

2002, c. 30, s. 70.