47. If the total of the amounts paid as pension benefits to a beneficiary and, where that is the case, to his surviving spouse, under this plan and the amounts paid under any supplementary benefits plan referred to in section 76.4 or 80.1 is less than the total amount of the contributions accumulated by the beneficiary, with interest computed in accordance with section 54.1, until the date on which the pension becomes payable to him after his last term in office, the difference shall be paid to his successors in a single payment as soon as the payment of the pension to the last person entitled to it ceases.
However, no interest shall be counted in respect of any period during which a pension is paid.
1988, c. 85, s. 47; 1991, c. 78, s. 11; 1995, c. 46, s. 31; 2003, c. 19, s. 212.