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

Section 78
Disposition versions

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78. The first indexing of a pension, except a deferred annuity, is made proportionately
(1)  to the number of days for which the pension was or would have been paid during the year in which the employee ceased to participate in this plan in relation to the total number of days in that year;
(2)  in the case of a pension granted to the spouse where the employee qualified for a pension at the time of their death, to the number of days for which the pension was or would have been paid during the year of the death, in relation to the total number of days in that year.
In the case of a deferred annuity, the adjustment on 1 January following the date on which the employee reaches 65 years of age is made proportionately to the number of days for which the pension was paid or would have been paid in the year in which the employee retired in relation to the total number of days in that year.
1977, c. 21, s. 25; 1982, c. 51, s. 27; 1983, c. 24, s. 1; 1990, c. 87, s. 52; 1997, c. 50, s. 31; 2022, c. 22, s. 288.
78. The first indexing of a pension, except a deferred annuity, is made proportionately
(1)  to the number of days for which the pension was or would have been paid during the year in which the employee ceased to participate in this plan in relation to the total number of days in that year;
(2)  in the case of a pension granted to the spouse where the employee qualified for a pension at the time of his death, to the number of days for which the pension was or would have been paid during the year of the death, in relation to the total number of days in that year.
In the case of a deferred annuity, the adjustment on 1 January following the date on which the employee reaches 65 years of age is made proportionately to the number of days for which the pension was paid or would have been paid in the year in which the employee retired in relation to the total number of days in that year.
1977, c. 21, s. 25; 1982, c. 51, s. 27; 1983, c. 24, s. 1; 1990, c. 87, s. 52; 1997, c. 50, s. 31.
78. The first indexing of a pension, except a deferred annuity, is made proportionately
(1)  to the number of days for which the pension was or would have been paid during the year in which the employee retired in relation to the total number of days in that year;
(2)  in the case of a pension granted to the spouse where the employee qualified for a pension at the time of his death, to the number of days for which the pension was or would have been paid during the year of the death, in relation to the total number of days in that year.
In the case of a deferred annuity, the adjustment on 1 January following the date on which the employee reaches 65 years of age is made in the proportion provided for in subparagraph 1 of the first paragraph.
1977, c. 21, s. 25; 1982, c. 51, s. 27; 1983, c. 24, s. 1; 1990, c. 87, s. 52.
78. The first indexing of a pension is made proportionately
(1)  to the number of days for which the pension was or would have been paid during the year in which the employee retired in relation to the total number of days in that year;
(2)  in the case of a pension granted to the spouse where the employee qualified for a pension at the time of his death, to the number of days for which the pension was or would have been paid during the year of the death, in relation to the total number of days in that year.
1977, c. 21, s. 25; 1982, c. 51, s. 27; 1983, c. 24, s. 1.
78. Repealed.
1977, c. 21, s. 25; 1982, c. 51, s. 27.
78. The annual value on 1 July 1977 of every pension granted under this act before 1 July 1977 shall be increased, where necessary, as from such date, by computing the pension on an average salary of $7,000 in all cases where the average pensionable salary used for establishing it was under that amount.
Moreover, the annual value of every pension granted under this act after 1 July 1977 shall be increased, where necessary, as from the effective date of such pension, by computing the pension on an average salary of $7,000 in all cases where the average pensionable salary used for establishing it was under that amount.
1977, c. 21, s. 25.
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