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R-9.1, r. 2 - Regulation respecting the partition and assignment of benefits accrued under the Pension Plan of certain teachers
Section 19
Disposition versions
19. For the purposes of sections 16 and 18, the amount of pension or pension credit that would be obtained on the basis of the sums awarded to the spouse at the date of assessment shall be established at that date according to the actuarial method and assumptions provided for in section 7. That amount is presumed applicable on the date of the employee’s or former employee’s 65th birthday.
If the pensioner is under 65 years of age either on the date on which the annual pension becomes payable or on the date of payment if the pension is being paid at that date, the amount of pension obtained pursuant to the first paragraph shall be reduced by 0.50% per month, calculated for each month between the date on which that amount of pension begins to apply and the date of the pensioner’s 65th birthday, without exceeding 65%.
If the pensioner retired before the date of payment and if that date occurs after the date of his 65th birthday, the amount of pension obtained pursuant to the first paragraph shall be increased by 0.50% per month, calculated for each month between the date of his 65th birthday and the date on which that amount of pension begins to apply, if the pensioner retired before the date of his 65th birthday, or for each month between the date on which he retired and the date on which that amount of pension begins to apply, if the pensioner retired on the date of his 65th birthday or thereafter.
If the pensioner is 65 years of age or over either on the date on which the annual pension becomes payable or on the date of assessment if the pension is being paid at that date, the amount of pension credit obtained pursuant to the first paragraph shall be increased by 0.75% per month, calculated for each month between the date of his 65th birthday and the date on which that amount of pension credit begins to apply.
