69. A deduction from the salary of every public officer or employee shall be made:(a) of 5.5% up to the amount of his personal exemption within the meaning of the Act respecting the Québec Pension Plan (chapter R-9);
(b) of 3.7% on the excess up to his maximum pensionable earnings within the meaning of the said act; and
(c) of 5.5% on the balance.
The percentage contemplated in subparagraph b shall be increased to 4.2% on July 1 1974, 4.7% on July 1 1975 and to 5.2% on July 1 1976.
The percentages contemplated in subparagraphs a and c shall be increased to 6% on July 1 1974, 6.5% on July 1 1975 and to 7% on July 1 1976.
Such percentages shall be changed, from 1 July 1977, to increase the deduction by .09%.
Such deduction shall be made from each salary payment remitted.
The employer must every month remit or cause to be remitted to the Commission, not later than the 15th of each month, the contributions of the employees for the preceding month.
Every employer who does not collect such contributions shall become indebted for them to the Commission and is liable to a penalty equal to 10% of such contributions.
Such contributions shall be paid every month into the consolidated revenue fund.
On the date prescribed by regulation of the Government, the employer must make a report to the Commission of the contributions of his officers or employees, giving the pertinent information on the administration of this plan determined by the said regulation.
R. S. 1964, c. 14, s. 52; 1965 (1st sess.), c. 15, s. 20; 1973, c. 12, s. 169; 1974, c. 10, s. 16; 1977, c. 22, s. 33.