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R-12.1, r. 1 - Regulation under the Act respecting the Pension Plan of Management Personnel

Section 7
Disposition versions

Full text
7. For the purposes of section 107 of the Act, the sum of the amounts that employees may add to their pensions may not exceed the amount “M” that corresponds to the lesser of “M 1” and “M 2” in the following formulas:
M 1 = (F × N L × 2.0% × TM) - CR RR
M 2 = F × N × (1.1% × TM + $230)
T.B. 202420, s. 7; T.B. 208549, s. 3.
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