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

Section 180 Disposition versions

2016-01-01

180. The payment of benefits due as pensions or refunds and the payment of the sums necessary in respect of transfers shall be made by Retraite Québec.

The sums necessary for such payments shall be taken, first, out of the sums withheld by Retraite Québec under section 177, and thereafter, out of the sums paid to the Caisse de dépôt et placement du Québec,

(1)  in the proportion of 5/12 out of the employees’ contribution fund and 7/12 out of the employers’ contributory fund for the years of service prior to 1 July 1982 ;

(2)  in equal proportions out of the said funds for the years of service subsequent to 30 June 1982.

However, the sums shall be taken out of the Consolidated Revenue Fund for any service that was credited under the Teachers Pension Plan or the Civil Service Superannuation Plan, if such service has been credited under the Government and Public Employees Retirement Plan pursuant to section 98 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) or if such service has been credited under this plan pursuant to section 139.

2001, c. 31, s. 180; 2015, c. 20, s. 61.

2001-06-21

180. The payment of benefits due as pensions or refunds and the payment of the sums necessary in respect of transfers shall be made by the Commission.

The sums necessary for such payments shall be taken, first, out of the sums withheld by the Commission under section 177, and thereafter, out of the sums paid to the Caisse de dépôt et placement du Québec,

(1)  in the proportion of 5/12 out of the employees’ contribution fund and 7/12 out of the employers’ contributory fund for the years of service prior to 1 July 1982 ;

(2)  in equal proportions out of the said funds for the years of service subsequent to 30 June 1982.

However, the sums shall be taken out of the Consolidated Revenue Fund for any service that was credited under the Teachers Pension Plan or the Civil Service Superannuation Plan, if such service has been credited under the Government and Public Employees Retirement Plan pursuant to section 98 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) or if such service has been credited under this plan pursuant to section 139.

2001, c. 31, s. 180.