5.4. The Commission administrative des régimes de retraite et d’assurances, with the authorization of the Government, and the municipalities of Montréal, Laval and Québec may make transferability agreements amongst themselves to allow a judge contemplated by the pension plan of the judges of the Municipal Court of Montréal, Laval or Québec or by the pension plan provided for in Part VI to be credited with all or part of his years of service credited in another retirement plan in which he participated, being either the pension plan of the Municipal Court of Montréal, Laval or Québec, the retirement plan provided for in Part VI or the retirement plan provided for in Part VI.1.
An agreement under the first paragraph may take effect on any earlier date fixed therein.
The sums required for the administration of this section are received or paid as provided in the retirement plans concerned.
The amount that one of the parties to an agreement contemplated in the first paragraph undertakes to pay as the contributory amount of the employer shall, on that party’s request, be spread over a period not exceeding five years, with interest at the rate determined pursuant to subparagraph b of the first paragraph of section 246.
1987, c. 50, s. 1; 1988, c. 21, s. 6.