42. A person who receives a pension and holds employment that is pensionable employment under the Teachers Pension Plan or the Government and Public Employees Retirement Plan, and who continues to hold such employment until he is 65 years of age may continue to receive his pension and salary until that age. However, if the person holds employment that is pensionable employment under the Government and Public Employees Retirement Plan, he is, notwithstanding the first paragraph of section 3 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), an employee to whom that plan is applicable for any period during which he holds pensionable employment until he attains 65 years of age.
However, if the person receives an annual remuneration from the Government or one of its agencies, the pension is reduced by the amount of the remuneration.
R. S. 1964, c. 14, s. 31; 1977, c. 5, s. 14; 1982, c. 51, s. 92; 1987, c. 47, s. 124.