R-12.1 - Act respecting the Pension Plan of Management Personnel

Section 117 Disposition versions

2016-01-01

117. Retraite Québec, upon the application of a beneficiary other than a beneficiary referred to in section 89, may, at any time after the pension becomes payable, make cash payment of the actuarial value, established in accordance with the actuarial assumptions and methods determined by regulation, of all benefits under the plan including, where applicable, pension credits acquired under the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), the Act respecting the Teachers Pension Plan (chapter R-11) or the Act respecting the Civil Service Superannuation Plan (chapter R-12), if the aggregate amount of the benefits does not exceed $1,229 annually.

The amount of $1,229 is, at the time prescribed under section 119 of the Act respecting the Québec Pension Plan (chapter R-9), indexed annually by the rate of increase of the Pension Index established by the said Act.

2001, c. 31, s. 117; 2015, c. 20, s. 61.

2001-06-21

117. The Commission, upon the application of a beneficiary other than a beneficiary referred to in section 89, may, at any time after the pension becomes payable, make cash payment of the actuarial value, established in accordance with the actuarial assumptions and methods determined by regulation, of all benefits under the plan including, where applicable, pension credits acquired under the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), the Act respecting the Teachers Pension Plan (chapter R-11) or the Act respecting the Civil Service Superannuation Plan (chapter R-12), if the aggregate amount of the benefits does not exceed $1,229 annually.

The amount of $1,229 is, at the time prescribed under section 119 of the Act respecting the Québec Pension Plan (chapter R-9), indexed annually by the rate of increase of the Pension Index established by the said Act.

2001, c. 31, s. 117.