65. In no case may a pension granted after 10 years of credited service, except a child’s pension or pensions under sections 50 and 53, be less,(1) if the pension became payable before 1 July 1982, than $2 740, indexed annually and at the time prescribed in accordance with section 119 of the Act respecting the Québec Pension Plan(chapter R-9), by the rate of increase in the Pension Index determined by the said Act, less the basic amount of the pension payable under the said Act, even if that pension is not paid;
(2) if the pension became payable after 1 July 1982, than $2 740, indexed at the time prescribed by the said section 119 and for each year concerned after that date, and until the year in which it became payable, by the rate of increase in the index and, for following years, indexed as provided in section 63, reduced as in section 38 or paragraph 1 of sections 44 and 45, as the case may be, even if no pension under the Act respecting the Québec Pension Plan is paid.
However, the first paragraph applies only with respect to that part of the pension established under paragraph 1 of section 34 and the amount provided for in that paragraph is multiplied by the fraction that the number of years of service credited before 1 January 1992 is of the total number of years of service credited.
1983, c. 24, s. 2; 1987, c. 107, s. 227; 1992, c. 67, s. 67.