70. If an employee who is less than 55 years of age ceases to be a member of the plan before becoming eligible for a pension and has less than two years of service, the employee is entitled, except if section 34 applies and subject to section 79, to a refund of contributions with interest, compounded annually, at the rates determined in Schedule VII until the date the application is received at Retraite Québec and at the rate determined in Schedule VIII from the day following that date until the date the refund is paid. However, the contributions are not refunded if the employee resumes membership in this plan or the Government and Public Employees Retirement Plan.
If the person dies before obtaining a refund, the contributions shall be refunded to the employee’s spouse or, if the employee has no spouse, to the employee’s successors.
2001, c. 31, s. 70; 2004, c. 39, s. 233; 2015, c. 20, s. 61.