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

Section 415 Disposition versions

2001-06-21

415. The Commission shall, in respect of the years and parts of a year of service credited under the Government and Public Employees Retirement Plan between 1 January 1997 and 1 January 2001 to an employee who has ceased to be entitled to be governed by the special provisions enacted under Title IV.0.1 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) and who began to be governed by Title I of that Act during that period, transfer from the employees’ contribution fund under the Pension Plan of Management Personnel at the Caisse de dépôt et placement du Québec to the employees’ contribution fund under the Government and Public Employees Retirement Plan the difference between the contributions the employee would have paid during that period had Title I of the Act applied to the employee and the contributions paid by the employee.

That amount bears interest from 1 July of the year in which the contributions were paid until the date of transfer. The interest, compounded annually, shall be computed according to the rates determined for each period by this Act.

2001, c. 31, s. 415.