130. An employee who, while a member of the pension fund of officers of education established by Part VIII of the Education Act (R.S.Q. 1964, c. 235) or while a teacher within the meaning of the Teachers Pension Plan, ceased to be a member of the pension plan by reason of marriage, maternity, pregnancy or delivery or adoption if, in the latter case, the adoption was subsequently recognized for legal purposes by a judgment, may be credited, for pension purposes under this plan with all or part of the years of teaching prior to 1 January 1968 for which the employee obtained a refund of contributions if the marriage, maternity, pregnancy or delivery, or adoption occurred in the 12 months preceding or in the 24 months following the date on which the employee ceased to be a member of the plan.
The employee must, to be credited with such years and parts of a year, pay the sum of $4,159 per year. That amount must be increased by an amount equal to 1.65% of the employee’s basic pensionable salary without taking the limit provided for in section 30 into account, computed on an annual basis, on the date of receipt of the application. If however, the employee held part-time employment on that date, the basic pensionable salary that must be used is the salary the employee would have received if the employee had held that employment full time.
The amount required to have those years and parts of a year credited is payable either in cash or by instalments spread over the period and payable at the intervals determined by Retraite Québec or, if provided for in the employee’s conditions of employment, by using all or part of the employee’s accumulated sick leave. In the latter case, the employer shall pay all or part of the amount according to the terms determined by Retraite Québec. If paid by instalments, the amount bears interest, compounded annually, at the rate provided for in Schedule VIII in force on the date of receipt of the application, computed from the date on which the redemption proposal made by Retraite Québec expires.
2001, c. 31, s. 130; 2002, c. 30, s. 143; 2004, c. 39, s. 252; 2015, c. 20, s. 61; 2018, c. 42018, c. 4, s. 541; 2022, c. 222022, c. 22, s. 27411b.