R-12.1 - Act respecting the Pension Plan of Management Personnel

Full text
211.1. Sections 38, 39, 118, 119, 120, 146 and 199 as they read on 30 June 2002, continue to apply in respect of the employee who agreed to a redemption proposal before 1 July 2002 and in whose respect the third paragraph of section 199 of this Act as it read on 30 June 2002, applies as of or after that date. However, the interest rate applicable to the redemption costs paid by instalments is the rate provided for in Schedule VIII.
The first paragraph also applies to an employee who, while covered by the Government and Public Employees Retirement Plan, agreed to a redemption proposal before 1 June 2001 and in whose respect the third paragraph of section 199 of this Act, as it read on 30 June 2002 or, as the case may be, the third paragraph of section 216.1 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), as it read on 31 May 2001, applies as of or after that date.
2002, c. 30, s. 154.