104. The amount of the additional pension payable at the age of sixty-five years or, in the case of a female person, at the age of sixty years, shall be equal to the amount indicated in schedule VI opposite the age of the officer on the date of transfer of the contribution for a person of his sex, multiplied by the ratio which such contribution bears to $1,000.
When the additional pension becomes payable before the officer reaches the age of sixty-five years or, in the case of a female person, sixty years, the amount thereof shall be reduced by 0.5% for each month remaining before such age is reached.
When the additional pension becomes payable after the officer has reached the age of sixty-five years or, in the case of a female person, sixty years, the amount thereof shall be increased by 0.5% for each month elapsed after such age.
1965 (1st sess.), c. 15, s. 33; 1985, c. 18, s. 50.