85.17. Except with respect to a person who has availed himself of it, Division III has effect until 30 June 1989 unless, following the valuation prepared under section 85.19, the Government determines, after the Commission has consulted the Comité de retraite, the date until which that division will continue to apply. The measure provided in Chapter III of Title IV of this Act shall cease to have effect with respect to persons who are entitled to avail themselves of the measures provided in Division III of this chapter until this division ceases to have effect.
Division IV shall have effect until 31 December 1989, except with respect to a person who has availed himself of it.
To be entitled to avail himself of the measures provided in Divisions III and IV, an employee must apply therefor, retire and cease to be an employee within the meaning of the plan before such divisions cease to have effect. Furthermore, to be entitled to avail himself of the measures provided in Division III, a pensioner described in the second paragraph of section 85.6 must apply therefor before that division ceases to have effect.
1987, c. 47, s. 38; 1988, c. 82, s. 35.