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R-12.1, r. 2 - Special provisions in respect of classes of employees designated under section 23 of the Act respecting the Pension Plan of Management Personnel
Section 36
Disposition versions
36. The actuarial value of the difference between the amount of the reduction computed pursuant to sections 13 and 20 and the amount of the reduction which would otherwise have been applied under section 92 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) or under section 3 of the Regulation respecting pension credits obtained pursuant to sections 101 and 158 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10, r. 11), in respect of the pension credits received under that Act, shall be funded out of the Consolidated Revenue Fund.
The actuarial value is computed on the date on which the pension credit is granted to the employee, taking into account the employee’s age on that date. It is computed, for pension credits acquired under section 95 of that Act, according to the table in Schedule IV.3 to the Regulation under the Act respecting the Government and Public Employees Retirement Plan (chapter R-10, r. 2) and, for the other pension credits, according to the method and actuarial assumptions provided for in Schedule I to that Regulation.
