195.1. An employee who is 55 years of age or over but under 72 years of age and whose working time is reduced by reason of phased retirement may, under conditions prescribed by regulation of Retraite Québec, make an agreement with his employer to the effect that all or part of the amount of the reduction in his remuneration is to be considered as being paid to the employee.
The agreement must be recorded on the form prescribed by Retraite Québec and is valid only if it bears Retraite Québec’s approval.
1997, c. 19, s. 3; 2015, c. 20, s. 61; 2023, c. 302023, c. 30, s. 161.