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

Section 42 Disposition versions

2001-06-21

42. The contribution rate applicable to an employee who has elected to become a member of the Government and Public Employees Retirement Plan (chapter R-10) pursuant to section 215.0.0.1.1 of the Act respecting the Government and Public Employees Retirement Plan as it read on 31 December 2000 is established by adding 4% to the contribution rate provided for in section 41, up to a maximum of 7.25% for employees who were members of the Civil Service Superannuation Plan and 8.08% for employees who were members of the Teachers Pension Plan.

Where the contribution rate under section 41 is equal to or greater than the maximum rates established in the first paragraph, the contribution rate applicable to an employee who has elected to become a member shall become, from that time, the rate established under that section.

2001, c. 31, s. 42.