63. The Commission, upon the application of a beneficiary other than a beneficiary contemplated in section 70.2, may, at any time after the pension becomes payable, make cash payment of the commuted value of a pension amounting to not more than $700 annually, in accordance with the standards established by regulation.
The amount of $700 is, at the time prescribed under section 119 of the Act respecting the Québec Pension Plan (chapter R-9), indexed annually by the rate of increase of the Pension Index established by the said Act.
1977, c. 21, s. 19; 1982, c. 51, s. 18.