R-15.1 - Supplemental Pension Plans Act

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92. Every member or spouse who has become entitled to a pension under a pension plan is entitled, under conditions prescribed by regulation, to replace the pension by a life or temporary pension, purchased under a contract, the amount of which may vary each year. The pension may also, in the cases determined by regulation, be replaced by a lump-sum payment.
1989, c. 38, s. 92; 1997, c. 19, s. 11.
92. Every member or spouse who has become entitled to a pension under a pension plan is entitled, in the cases and on the conditions prescribed by regulation, to replace that pension by another life pension the amount of which may vary annually, and established on the basis of methods, assumptions, rules or factors prescribed by regulation.
1989, c. 38, s. 92.