R-9.3, r. 1 - Regulation respecting the application of the Act respecting the Pension Plan of Elected Municipal Officers

Schedule Disposition versions

2022-10-01

SCHEDULE II

(s. 9.2)

RATE APPLICABLE TO CERTAIN REDEMPTIONS UNDER SECTION 9.2

The redemption cost is established by multiplying the annual pension credit, indexed in accordance with section 30 or section 63.0.7 of the Act, as the case may be, up to the date of receipt of the application for redemption, by the factor corresponding to the age of the person on that date.

Age of the person on the date of receipt of the application for redemption	Factor
18	3.00
19	3.20
20	3.30
21	3.50
22	3.70
23	3.80
24	4.00
25	4.20
26	4.30
27	4.50
28	4.70
29	4.80
30	5.00
31	5.30
32	5.50
33	5.70
34	6.00
35	6.20
36	6.50
37	6.70
38	6.90
39	7.20
40	7.40
41	7.70
42	7.90
43	8.20
44	8.40
45	8.60
46	8.90
47	9.10
48	9.40
49	9.60
50	9.80
51	9.90
52	10.10
53	10.20
54	10.30
55	10.40
56	10.50
57	10.60
58	10.70
59	10.80
60	10.90
61	11.00
62	11.10
63	11.20
64	11.30
65	11.40
66	11.50
67	11.60
68	11.70
69	11.90

O.C. 103-2004, s. 2; O.C. 20-2007, s. 8; O.C. 954-2022, s. 3.

2012-09-01

SCHEDULE II

(s. 9.2)

RATE APPLICABLE TO CERTAIN REDEMPTIONS UNDER SECTION 9.2

The redemption cost is established by multiplying the annual pension credit, indexed in accordance with section 30 or section 63.0.7 of the Act, as the case may be, up to the date of receipt of the application for redemption, by the factor corresponding to the age of the person on that date.

___________________________________________________

Age group                                   Factor
___________________________________________________

Less than 40 years                           4.75
40 to 49 years                               7.25
50 to 59 years                               9.75
60 years and over                           10.00

O.C. 103-2004, s. 2; O.C. 20-2007, s. 8.