R-12.1 - Act respecting the Pension Plan of Management Personnel

Section 75 Disposition versions

2006-01-01

75. Any deferred pension is cancelled if the employee returns to pensionable employment under the plan and the years of service accumulated by the employee shall be added to the years of service already credited.

However, if the employee retires at the age of 65 and had elected to receive an amount and a deferred pension in accordance with section 51 of the Act respecting the Government and Public Employees Retirement Plan (chapter R‐10) as it read on 31 December 1990, the recomputed pension is reduced by that part of the annual value of the original pension that was paid to the employee. If the employee retires at an age other than 65, the annual value of the original pension paid is adjusted, taking into account the employee’s age at the time of retirement and the actuarial assumptions and methods determined by regulation.

2001, c. 31, s. 75; 2004, c. 39, s. 236.

2001-06-21

75. Any deferred pension is cancelled if the employee returns to pensionable employment under the plan and the years of service accumulated by the employee shall be added to the years of service already credited.

However, if the employee had elected to receive an amount and a deferred pension in accordance with section 51 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) as it read on 31 December 1990, the recomputed pension is reduced by that part of the annual value of the original pension that was paid to the employee.

2001, c. 31, s. 75.