R-9.2 - Act respecting the Pension Plan of Peace Officers in Correctional Services

Section 138.1 Disposition versions

2005-01-01

138.1. (Replaced).

2001, c. 31, s. 257; 2004, c. 39, s. 54.

2001-06-21

138.1. The Commission shall, with respect to the years and parts of a year of service that were credited to an employee under this plan and transferred pursuant to section 149 of the Act respecting the Pension Plan of Management Personnel (chapter R-12.1), deposit into the Caisse de dépôt et placement du Québec the actuarial value of the benefits accrued under this plan without exceeding, however, the actuarial value of the equivalent benefits to which the employee is entitled under the Pension Plan of Management Personnel. The actuarial values are those established pursuant to section 149.

All sums transferred pursuant to the first paragraph shall bear interest, compounded annually, at the rates determined, for each period, under the Act respecting the Pension Plan of Management Personnel, from the date the employee began to pay contributions to the said pension plan until the date on which the said sums are deposited into the Caisse de dépôt et placement du Québec. The sums shall be paid to the said Caisse, into the funds and in the proportion determined pursuant to the second paragraph of section 180 of the Act respecting the Pension Plan of Management Personnel. The second paragraph of section 139 applies, with the necessary modifications.

2001, c. 31, s. 257.