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R-11 - Act respecting the Teachers Pension Plan

Section 27.1
Disposition versions

Full text
27.1. (Repealed).
1987, c. 107, s. 215; 1990, c. 87, s. 105; 2004, c. 39, s. 188.
27.1. The years and parts of a year of service credited to a teacher under the Pension Plan of Peace Officers in Correctional Services shall, if his contributions have not been refunded, be credited under this plan on an actuarially equivalent basis established on the date the teacher contemplated in section 5 resumes payment of his contributions to this plan. These years and parts of a year of service shall thus be credited, beginning with the latest service, until the actuarial value of the benefits determined in respect of those years and parts of a year of service under this plan reaches the actuarial value of the benefits accrued under the Pension Plan of Peace Officers in Correctional Services, without, however, exceeding the service credited to the teacher under the said plan.
The actuarial values of the benefits shall be established according to the actuarial assumptions and methods determined by regulation, which may vary according to the pension plans concerned.
1987, c. 107, s. 215; 1990, c. 87, s. 105.
27.1. The years and parts of a year of service credited to a teacher under the Pension Plan of Peace Officers in Penal Institutions shall, if his contributions have not been refunded, be credited under this plan on an actuarially equivalent basis established on the date the teacher contemplated in section 5 resumes payment of his contributions to this plan. These years and parts of a year of service shall thus be credited, beginning with the latest service, until the actuarial value of the benefits determined in respect of those years and parts of a year of service under this plan reaches the actuarial value of the benefits accrued under the Pension Plan of Peace Officers in Penal Institutions, without, however, exceeding the service credited to the teacher under the said plan.
The actuarial values of the benefits shall be established according to the actuarial assumptions and methods determined by regulation, which may vary according to the pension plans concerned.
1987, c. 107, s. 215.
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