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R-15.1 - Supplemental Pension Plans Act

Section 77
Disposition versions

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77. Every member is entitled, on application, to the payment of all or part of his normal pension during the postponement period but only to the extent necessary to offset any permanent reduction in remuneration that occurred during such period.
However, unless otherwise stipulated in the pension plan, the member may, following an agreement with his employer, receive all or part of his pension, regardless of the limit set by the first paragraph.
No member may exercise this right more than once per twelve-month period, except pursuant to an agreement with the pension committee.
1989, c. 38, s. 77.
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