R-15.1 - Supplemental Pension Plans Act

Section 67 Disposition versions

2001-01-01

67. Every member who ceases to be an active member is entitled to withdraw the value of additional voluntary contributions credited to his account, with accrued interest, except if the contributions have been used to purchase a pension or, subject to section 102, if the amounts come from a transfer, even otherwise than under section 98.

The right to withdraw contributions may be exercised by applying within 90 days after receiving the statement provided for in section 113 and, subsequently, every five years from the date on which the member ceased to be an active member, within 90 days after the date of expiry of the fifth year.

1989, c. 38, s. 67; 2000, c. 41, s. 39.

1990-01-01

67. Every member who ceases to be an active member is entitled to withdraw the value of additional voluntary contributions credited to his account, with accrued interest, except if the contributions have been used to purchase a pension or if they result from the conversion of member or employer contributions transferred under section 98 or 100.

The right to withdraw contributions may be exercised only within the 180 days which follow the date on which the member ceased to be an active member and, subsequently, only every five years, within the 180 days which follow the date of expiry of every fifth year.

1989, c. 38, s. 67.