R-9.2 - Act respecting the Pension Plan of Peace Officers in Correctional Services

Section 100 Disposition versions

2002-06-14

100. Every pension is indexed annually, at the time prescribed under section 119 of the Act respecting the Québec Pension Plan (chapter R-9),

(1)  for that part attributable to service prior to 1 January 2000, by the excess of the rate of increase of the Pension Index determined by the said Act over 3%; and

(2)  for that part attributable to service subsequent to 31 December 1999, by the formula provided for in subparagraph 1 of this paragraph or by one-half of the rate of increase of the Pension Index, according to the formula that is the most advantageous.

Deferred pensions are adjusted in the same manner but the adjustment applies only from 1 January following the date on which the pension becomes payable.

1987, c. 107, s. 100; 2002, c. 30, s. 22.

1988-01-01

100. At the time prescribed under section 119 of the Act respecting the Québec Pension Plan (chapter R-9), every pension is adjusted for the year according to the percentage corresponding to the excess of the rate of increase of the Pension Index determined by the said Act over 3 %.

Deferred pensions are adjusted in the same manner but the adjustment applies only from 1 January following the date on which the pension becomes payable.

1987, c. 107, s. 100.