R-12.1 - Act respecting the Pension Plan of Management Personnel

Section 108.1 Disposition versions

2017-05-11

108.1. Despite the indexing provided for in section 108, the pension amounts added under sections 104 and 105 are not indexed for the years 2018 to 2023, inclusively, if they are added to

(1)  the pension of an employee who ceased to be a member of the plan before 1 January 2017;

(2)  the pension of an employee referred to in the first paragraph of section 9 who ceased to hold pensionable employment under the plan before 1 January 2017; or

(3)  in the case of a deferred pension, the pension of an employee who retired before 1 January 2017.

The first paragraph also applies to the pension amounts added under section 104 and payable to the spouse of such an employee.

This section applies only to pension amounts added under sections 104 and 105 and paid in accordance with the first paragraph of section 181.

2017, c. 7, s. 11.