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

Section 85.7 Disposition versions

2022-06-08

85.7. An employee who retires may, if the employee is entitled to an actuarially reduced pension, obtain that an amount equal to the actuarial reduction be added to the amount of the pension that is payable to the employee.

The amount added to the pension under the first paragraph is considered to be a benefit acquired after 30 June 1982. However, section 38 or, as the case may be, section 85.15 does not apply to the increased pension.

1987, c. 47, s. 38; 1992, c. 62, s. 12; 2022, c. 22, s. 288.

1992-12-22

85.7. An employee who retires may, if he is entitled to an actuarially reduced pension, obtain that an amount equal to the actuarial reduction be added to the amount of the pension that is payable to him.

The amount added to the pension under the first paragraph is considered to be a benefit acquired after 30 June 1982. However, section 38 or, as the case may be, section 85.15 does not apply to the increased pension.

1987, c. 47, s. 38; 1992, c. 62, s. 12.

1987-06-23

85.7. Every employee who retires is entitled to obtain that one of the following amounts be added to the amount of the pension that is payable to him, with actuarial reduction, where that is the case:

(1)  an amount equal to the amount attributable to the number of years and parts of a year recognized for the purposes of calculating his pension as may be comprised between his age on retirement date and the age of 65;

(2)  an amount equal to the reduction applied to the retirement pension he is receiving under the Act respecting the Québec Pension Plan (chapter R-9) and which results from the adjustment provided for in section 120.1 of the said Act;

(3)  an amount equal, where that is the case, to the actuarial reduction applied to the pension payable to him before the number of years and parts of a year is recognized under subparagraph 1.

The years and parts of a year recognized under subparagraph 1 of the first paragraph are deemed to be years of service credited after 30 June 1982 and the amounts added to the pension under the first paragraph are considered to be benefits acquired after that date. However, section 38 or, as the case may be, section 85.15 does not apply to the increased pension.

The pension increase of a pensioner described in the second paragraph of section 85.6 is payable only from 23 June 1987. However, the amount contemplated in subparagraph 2 of the first paragraph is payable in accordance with section 85.8 if the pensioner is not receiving the retirement pension under the Québec Pension Plan on 23 June 1987.

1987, c. 47, s. 38.