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

Section 148 Disposition versions

2001-06-21

148. The years and parts of a year of service in respect of which a person has contributed to the pension fund of the officers of education established by Part VIII of the Education Act (Revised Statutes, 1964, chapter 235) but not to the Teachers Pension Plan or the Civil Service Superannuation Plan, shall be credited for pension purposes if the contributions the person paid to that pension fund after 30 June 1973 while the person was a member of the Government and Public Employees Retirement Plan have been refunded to the person.

Those years shall also be credited for pension purposes to an employee who has not requested that they be transferred to the Government and Public Employees Retirement Plan and who has not received a refund of the contributions paid into the pension fund referred to in the first paragraph.

The person referred to in the first paragraph must, to be credited with the years and parts of a year of service referred to therein, pay an amount equal to the contributions refunded to the person, with interest, compounded annually, at the rates determined for each period by this Act for the period comprised between the date of the refund and the date of receipt of the application.

2001, c. 31, s. 148.