128. The amount of the death benefit payable for a death occurring before 1 January 1998 shall be equal to the lesser of the following amounts:(a) six times the amount calculated in accordance with the first paragraph of section 137 depending on the contributor’s situation at the time of the contributor’s death;
(b) 10% of the maximum pensionable earnings for the year in which the contributor dies.
For any death occurring from 1 January 1998, the death benefit shall be equal to $2,500.
However, the death benefit of a contributor who died after 31 December 2012, who is nevertheless considered qualified under the fourth paragraph of section 107, corresponds to the amount of the base contributions paid, up to $2,500.
1965 (1st sess.), c. 24, s. 139; 1983, c. 12, s. 16; 1993, c. 15, s. 48; 1997, c. 73, s. 49; 2011, c. 36, s. 15; 2018, c. 22018, c. 2, s. 711.