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P-32.1 - Act respecting pension coverage for certain teachers

Section 18
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18. The employee may, at any time before he retires, elect to receive, instead of the life annuity provided for in section 14, an annuity arising out of the amount of the pension credit payable, in one of the following methods:
(a)  a life annuity the payment of which is guaranteed for a period of 5, 10 or 15 years;
(b)  a life annuity the payment of which continues in favour of the surviving spouse on the death of the employee;
(c)  a life annuity the payment of one-half of which continues in favour of the surviving spouse on the death of the employee.
The word “spouse” has the meaning given to it in the Act respecting the Government and Public Employees Retirement Plan (chapter R-10).
1978, c. 16, s. 18; 1982, c. 51, s. 117; 1982, c. 51, s. 121; 1983, c. 24, s. 72.
18. The employee may, at any time before he retires, elect to receive, instead of the life annuity provided for in section 14, an annuity arising out of the amount of the pension credit payable, in one of the following methods:
(a)  a life annuity the payment of which is guaranteed for a period of 5, 10 or 15 years;
(b)  a life annuity the payment of which continues in favour of the surviving spouse on the death of the employee;
(c)  a life annuity the payment of one-half of which continues in favour of the surviving spouse on the death of the employee.
For the purposes of this section, the word “spouse” means the widower or widow, as defined in sections 66 and 67 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10).
1978, c. 16, s. 18; 1982, c. 51, s. 117; 1982, c. 51, s. 121.
18. The employee may, at any time before his retirement, elect to receive, instead of the life annuity provided for in section 14, an annuity arising out of the amount of the pension credit payable, in one of the following methods:
(a)  a life annuity the payment of which is guaranteed for a period of 5, 10 or 15 years;
(b)  a life annuity the payment of which continues in favour of the surviving spouse on the death of the employee;
(c)  a life annuity the payment of one-half of which continues in favour of the surviving spouse on the death of the employee.
For the purposes of this section, the word “spouse” means the widower or widow, as defined in sections 57 and 58 of the Plan.
1978, c. 16, s. 18.
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