R-9.1, r. 2 - Regulation respecting the partition and assignment of benefits accrued under the Pension Plan of certain teachers

Section 23 Disposition versions

2012-09-01

23. Any refund of contributions to be issued as a result of a death must be reduced by the sums awarded to the spouse with interest compounded annually at a rate determined for each period under Schedule VI to the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) and accrued from the date of assessment to the date on which the refund is issued, except for the period during which a pension is paid. Notwithstanding the foregoing, no interest is calculated on the portion of those sums that comes from years or parts of a year of service relative to the Teachers Pension Plan or the Civil Service Superannuation Plan. A separate calculation must be made for the refund of sums paid for the purchase of a pension credit.

O.C. 840-91, s. 23; O.C. 1190-95, s. 12.