R-9.1 - Act respecting the Pension Plan of Certain Teachers

Section 23 Disposition versions

2010-01-01

23. The pension granted under subparagraph 5.1 of the first paragraph of section 19 to an employee who redeemed years or parts of a year of service after 31 December 1991 is reduced for its duration by the amount obtained by multiplying the amount of the pension established under subparagraph 2 of the first paragraph of section 34.2 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), referred to in section 19, by 0.25% per month, computed for each month between the date on which the pension is granted to the employee and the earlier of the following dates:

(1)  the date of her sixtieth birthday;

(2)  the date on which her age and her years of service would have totalled 80 if she had continued to participate in the plan.

However, when the employee ceases to participate in the plan before 1 January 2010, the amount of the pension that must be multiplied by 0.25% under the first paragraph must be determined under subparagraph 2 of the first paragraph of section 35 of the Act respecting the Government and Public Employees Retirement Plan as it reads on the date the employee ceases to participate in the plan.

The pension granted under subparagraph 6 of the first paragraph of section 19, increased in accordance with section 20, and the pension credits, if any, are reduced for their duration by 0.5% per month computed for each month comprised between the date on which the pension is granted to the person and the first date on which the pension would otherwise have been granted to him under subparagraph 1, 2, 3, 4, 5 or 5.1 of the first paragraph of section 19.

1986, c. 44, s. 23; 1991, c. 77, s. 5; 1997, c. 50, s. 5; 2008, c. 25, s. 32.

1997-06-19

23. The pension granted under subparagraph 5.1 of the first paragraph of section 19 to an employee who redeemed years or parts of a year of service after 31 December 1991 is reduced for its duration by the amount obtained by multiplying the amount of the pension established under subparagraph 2 of the first paragraph of section 35 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), referred to in section 19, by 0.25% per month, computed for each month between the date on which the pension is granted to the employee and the earlier of the following dates:

(1)  the date of her sixtieth birthday;

(2)  the date on which her age and her years of service would have totalled 80 if she had continued to participate in the plan.

The pension granted under subparagraph 6 of the first paragraph of section 19, increased in accordance with section 20, and the pension credits, if any, are reduced for their duration by 0.5% per month computed for each month comprised between the date on which the pension is granted to the person and the first date on which the pension would otherwise have been granted to him under subparagraph 1, 2, 3, 4, 5 or 5.1 of the first paragraph of section 19.

1986, c. 44, s. 23; 1991, c. 77, s. 5; 1997, c. 50, s. 5.

1992-01-01

23. The pension granted under subparagraph 5.1 of the first paragraph of section 19 to an employee who redeemed years or parts of a year of service after 31 December 1991 is reduced for its duration by the amount obtained by multiplying the amount of the pension established under paragraph 2 of section 35 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), referred to in section 19, by 0.25 % per month, computed for each month between the date on which the pension is granted to the employee and the earlier of the following dates:

(1)  the date of her sixtieth birthday;

(2)  the date on which her age and her years of service would have totalled 80 if she had continued to participate in the plan.

The pension granted under subparagraph 6 of the first paragraph of section 19, increased in accordance with section 20, and the pension credits, if any, are reduced for their duration by 0.5 % per month computed for each month comprised between the date on which the pension is granted to the person and the first date on which the pension would otherwise have been granted to him under subparagraph 1, 2, 3, 4, 5 or 5.1 of that section.

1986, c. 44, s. 23; 1991, c. 77, s. 5.

1986-06-26

23. The pension granted under subparagraph 6 of the first paragraph of section 19, increased in accordance with section 20, and the pension credits, if any, are reduced for their duration by 0.5% per month computed for each month comprised between the date on which the pension is granted to the person and the first date on which the pension would otherwise have been granted to him under subparagraph 1, 2, 3, 4 or 5 of that section.

1986, c. 44, s. 23.