R-12 - Act respecting the Civil Service Superannuation Plan

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66.2. The amount required of an officer for payment of the redemption cost under section 66.1 or 66.1.0.1 is equal to 100% of the contributions that would have been withheld from the pensionable salary the officer would have received if the officer had not been absent during the period covered by the application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the applicable annual remuneration.
However, in cases where the application for redemption of a period of absence without pay is received by Retraite Québec more than six months after the end of the period of absence without pay, the amount required of an officer for payment of the redemption cost is determined on the basis of the pensionable salary at the time of receipt of the officer’s application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the annual remuneration. Such cost is determined in accordance with the rate established by a regulation made under section 25 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10). The regulation may also provide for a special rate applicable to employees who are members of this plan.
The officer may, to pay the redemption cost, spread the payment over the period and at the intervals determined by Retraite Québec. In that case, the second paragraph of section 26 of the Act respecting the Government and Public Employees Retirement Plan applies. The officer may also, if provided for in his conditions of employment, use all or part of his accumulated sick leave. In the latter case, the officer’s employer shall pay all or part of the amount according to the terms determined by Retraite Québec.
For the purposes of the second paragraph, the limit provided for in section 62.1 is not applicable to the pensionable salary used to establish the cost of redeeming a period of absence in progress before 1 January 1992.
1983, c. 24, s. 33; 1985, c. 18, s. 45; 1986, c. 44, s. 101; 2002, c. 30, s. 97; 2004, c. 39, s. 202; 2015, c. 20, s. 61; 2016, c. 14, s. 36.
66.2. The amount required of an officer for payment of the redemption cost under section 66.1 or 66.1.0.1 is equal to 100% of the contributions that would have been withheld from the pensionable salary the officer would have received if the officer had not been absent during the period covered by the application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the applicable annual remuneration.
However, in cases where the application for redemption of a period of absence without pay is received by Retraite Québec more than six months after the end of the period of absence without pay, the amount required of an officer for payment of the redemption cost is determined on the basis of the pensionable salary at the time of receipt of the officer’s application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the annual remuneration. Such cost is determined in accordance with the rate established by a regulation made under section 25 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10). The regulation may also provide for a special rate applicable to employees who are members of this plan.
The officer may, to pay the redemption cost, spread the payment over the period and at the intervals determined by Retraite Québec. In that case, the second paragraph of section 26 of the Act respecting the Government and Public Employees Retirement Plan applies.
For the purposes of the second paragraph, the limit provided for in section 62.1 is not applicable to the pensionable salary used to establish the cost of redeeming a period of absence in progress before 1 January 1992.
1983, c. 24, s. 33; 1985, c. 18, s. 45; 1986, c. 44, s. 101; 2002, c. 30, s. 97; 2004, c. 39, s. 202; 2015, c. 20, s. 61.
66.2. The amount required of an officer for payment of the redemption cost under section 66.1 or 66.1.0.1 is equal to 100% of the contributions that would have been withheld from the pensionable salary the officer would have received if the officer had not been absent during the period covered by the application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the applicable annual remuneration.
However, in cases where the application for redemption of a period of absence without pay is received by the Commission more than six months after the end of the period of absence without pay, the amount required of an officer for payment of the redemption cost is determined on the basis of the pensionable salary at the time of receipt of the officer’s application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the annual remuneration. Such cost is determined in accordance with the rate established by a regulation made under section 25 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10). The regulation may also provide for a special rate applicable to employees who are members of this plan.
The officer may, to pay the redemption cost, spread the payment over the period and at the intervals determined by the Commission. In that case, the second paragraph of section 26 of the Act respecting the Government and Public Employees Retirement Plan applies.
For the purposes of the second paragraph, the limit provided for in section 62.1 is not applicable to the pensionable salary used to establish the cost of redeeming a period of absence in progress before 1 January 1992.
1983, c. 24, s. 33; 1985, c. 18, s. 45; 1986, c. 44, s. 101; 2002, c. 30, s. 97; 2004, c. 39, s. 202.
66.2. The amount required of an officer for payment of the redemption cost under section 66.1 or 66.1.0.1 is equal to 100 % of the contributions that would have been withheld from the pensionable salary the officer would have received if the officer had not been absent during the period covered by the application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the applicable annual remuneration.
However, in cases where the application for redemption of a period of absence without pay is received by the Commission more than six months after the end of the period of absence without pay, the amount required of an officer for payment of the redemption cost is determined on the basis of the pensionable salary established under section 51 at the time of receipt of the officer’s application according to the number of days and parts of a day to be redeemed out of the number of pensionable days, calculated on the basis of the annual remuneration. Such cost is determined in accordance with the rate established by a regulation made under section 25 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10). The regulation may also provide for a special rate applicable to employees who are members of this plan.
The officer may, to pay the redemption cost, spread the payment over the period and at the intervals determined by the Commission. In that case, the second paragraph of section 26 of the Act respecting the Government and Public Employees Retirement Plan applies.
1983, c. 24, s. 33; 1985, c. 18, s. 45; 1986, c. 44, s. 101; 2002, c. 30, s. 97.
66.2. If the application to redeem a leave without pay authorized by the employer is not received within six months following the return to work in the case of a full-time leave without pay or within six months following the end of the authorized leave in the case of a part-time leave without pay, the amount required to pay the cost of redemption is increased by interest at the rate in force under the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) on the date of receipt of the application. The interest is computed from the end of the sixth month following the return to work or, in the case of a part-time leave without pay, from the end of the sixth month following the end of the authorized leave until the date of receipt of the application, and is compounded annually.
To pay the cost of purchasing leave without pay, an officer may spread its payment over the period and payment dates determined by the Commission.
1983, c. 24, s. 33; 1985, c. 18, s. 45; 1986, c. 44, s. 101.
66.2. If an application to redeem a leave without pay is not received within six months following the return to work after the end of the leave, the amount required to pay the cost of redemption is increased by interest at the rate in force under the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) on the date of receipt of the application. The interest is computed from the end of the sixth month following the return to work until the date of receipt of the application, and is compounded annually.
To pay the cost of purchasing leave without pay, an officer may spread its payment over the period and payment dates determined by the Commission.
1983, c. 24, s. 33; 1985, c. 18, s. 45.
66.2. If an application to purchase leave without pay is not received before the end of the year in which the leave ends, the amount required to pay the purchasing cost is increased by interest at the rate in force by virtue of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) on the date of receipt of the application. The interest is computed from the end of the leave until the date of receipt of the application and is compounded annually.
To pay the cost of purchasing leave without pay, an officer may spread its payment over the period and payment dates determined by the Commission.
1983, c. 24, s. 33.