246.5. When a chief judge or judge reaches 70 years of age, he shall be retired; in such case, an annual pension of $23,040 shall be granted to such chief judge and to such judge an annual pension of $20,480.
However, if the Government, under section 92.1, authorizes him to continue to hold office, he shall be eligible for retirement with a pension when he ceases to hold office.
R. S. 1964, c. 20, s. 93; 1965 (1st sess.), c. 17, s. 12; 1966-67, c. 18, s. 7; 1969, c. 19, s. 10; 1976, c. 8, s. 7; 1988, c. 21, s. 30; 1988, c. 21, s. 32; 1990, c. 44, s. 16.