R-10, r. 4 - Regulation respecting the application of Title IV.2 of the Act respecting the Government and Public Employees Retirement Plan

Section 14 Disposition versions

2012-09-01

14. The annual amount of a deferred pension under the Teachers Pension Plan payment of which is anticipated under this Chapter shall be established as follows:

(1)  by computing such pension in the same manner as the pension granted under that plan;

(2)  by reducing the amount obtained under paragraph 1, during the pension payment period, by 0.5% per month, computed for each month between the date of the teacher’s retirement and the date of his sixty-fifth birthday or, in the case of a female teacher, her sixtieth birthday; and

(3)  by reducing the amount obtained under paragraph 2 by the amount obtained under the first paragraph of section 38 of the Act respecting the Teachers Pension Plan (chapter R-11), with the latter amount being reduced, during the pension payment period, by 0.5% per month, computed for each month between the date of the teacher’s retirement and the date of his sixty-fifth birthday.

O.C. 690-96, s. 14.