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

Section 51 Disposition versions

2010-01-01

51. (Repealed).

2001, c. 31, s. 51; 2008, c. 25, s. 86.

2001-06-21

51. The annual amount of the employee’s pension is equal, on the date on which the employee ceases to be a member of the plan, to the total of the following amounts:

(1)  the amount obtained by multiplying the average pensionable salary obtained pursuant to the first paragraph of section 52 by 2% per year of service credited before 1 January 1992; and

(2)  the amount obtained by multiplying the average pensionable salary obtained pursuant to the second paragraph of section 52 by 2% per year of service credited after 31 December 1991.

For the purposes of the first paragraph, the number of years of an employee’s credited service taken into account shall not exceed 35.

2001, c. 31, s. 51.