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

Section 34.15 Disposition versions

2001-06-21

34.15. The person, his spouse or, where he has no spouse, his successors, are entitled to only a percentage of the interest payable on contributions within the meaning of section 34.6. This percentage is dependent on the length of the period comprised between the date on which this plan, the Pension Plan of Management Personnel, or the Government and Public Employees Retirement Plan, as the case may be, became applicable to the person and the date the refund is made. The percentage is established as follows:

(1)  0% for a period of less than one year;

(2)  60% for a period of one year or more, but less than two years;

(3)  85% for a period of two years or more, but less than five years;

(4)  90% for a period of five years or more.

If the application for reimbursement covers interrupted periods of service, the percentage of interest payable on contributions is dependent on the length of the period comprised between the first date on which this plan, the Pension Plan of Management Personnel or the Government and Public Employees Retirement Plan, as the case may be, became applicable to the person and the date the refund is made.

However, the first and second paragraphs do not apply in computing interest accrued under this plan for the purposes of section 71 of the Act respecting the Pension Plan of Peace Officers in Correctional Services (chapter R-9.2).

1990, c. 87, s. 7; 1995, c. 46, s. 31; 2001, c. 31, s. 227.

1995-06-22

34.15. The person, his spouse or, where he has no spouse, his successors, are entitled to only a percentage of the interest payable on contributions within the meaning of section 34.6. This percentage is dependent on the length of the period comprised between the date on which this plan or the Government and Public Employees Retirement Plan, as the case may be, became applicable to the person and the date the refund is made. The percentage is established as follows:

(1)  0 % for a period of less than one year;

(2)  60 % for a period of one year or more, but less than two years;

(3)  85 % for a period of two years or more, but less than five years;

(4)  90 % for a period of five years or more.

If the application for reimbursement covers interrupted periods of service, the percentage of interest payable on contributions is dependent on the length of the period comprised between the first date on which this plan or the Government and Public Employees Retirement Plan, as the case may be, became applicable to the person and the date the refund is made.

However, the first and second paragraphs do not apply in computing interest accrued under this plan for the purposes of section 71 of the Act respecting the Pension Plan of Peace Officers in Correctional Services (chapter R-9.2).

1990, c. 87, s. 7; 1995, c. 46, s. 31.

1991-01-01

34.15. The person, his spouse or, where he has no spouse, his assigns, are entitled to only a percentage of the interest payable on contributions within the meaning of section 34.6. This percentage is dependent on the length of the period comprised between the date on which this plan or the Government and Public Employees Retirement Plan, as the case may be, became applicable to the person and the date the refund is made. The percentage is established as follows:

(1)  0 % for a period of less than one year;

(2)  60 % for a period of one year or more, but less than two years;

(3)  85 % for a period of two years or more, but less than five years;

(4)  90 % for a period of five years or more.

If the application for reimbursement covers interrupted periods of service, the percentage of interest payable on contributions is dependent on the length of the period comprised between the first date on which this plan or the Government and Public Employees Retirement Plan, as the case may be, became applicable to the person and the date the refund is made.

However, the first and second paragraphs do not apply in computing interest accrued under this plan for the purposes of section 71 of the Act respecting the Pension Plan of Peace Officers in Correctional Services (chapter R-9.2).

1990, c. 87, s. 7.