56. Where an employee is entitled to a pension under subparagraph 4 of the first paragraph of section 49, the employee’s pension is reduced for its duration by 1/2 of 1% per month, computed for each month comprised between the date on which the pension is granted and the nearest date on which the pension would have otherwise been granted to the employee without actuarial reduction, at the time the employee ceased to be a member of the plan, under that first paragraph.
Where an employee is entitled to a pension under subparagraph 3 of the second paragraph of that section 49, the employee’s pension is reduced for its duration by 1/3 of 1% per month, computed for each month comprised between the date on which the pension is granted and the nearest date on which the pension would have otherwise been granted to the employee without actuarial reduction, at the time the employee ceased to be a member of the plan, under that second paragraph.
Where section 112 applies, the amount of the pension under the first or second paragraph shall be established on the basis of the provisions of the regulation under section 113.
2001, c. 31, s. 56; 2012, c. 6, s. 11; 2017, c. 72017, c. 7, s. 911.