R-10 - Act respecting the Government and Public Employees Retirement Plan

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151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by Retraite Québec bears interest, in the case of contributions deducted in excess in the course of a year, from the midpoint of the following year and, in all other cases, from the sixty-first day after any of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible;
(3)  31 December of the year in which the person’s retirement plan provides that the person ceases to be a member due to his age or, if he continues to hold pensionable employment on that date, the date on which he retires.
The interest is compounded annually at the rate determined in Schedule VII in force on the date of payment unless another rate in that Schedule already applies on that date, in which case that last rate continues to apply. However, in the case of the plan created by this Act, the Pension Plan of Peace Officers in Correctional Services and the pension plan of the Sûreté du Québec, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VI from the midpoint of the following year until the date of payment. In the case of the Pension Plan of Management Personnel, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VII to the Act respecting the Pension Plan of Management Personnel (chapter R-12.1) from the midpoint of the following year until the date of payment. In the case of the Teachers Pension Plan and the Civil Service Superannuation Plan, the interest is computed, for the reimbursement of contributions deducted in excess for the years prior to the year 1987, according to the rates fixed in Schedule VI which are applicable from the date determined in the first paragraph until the date of payment.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105; 1997, c. 50, s. 47; 2001, c. 31, s. 325; 2002, c. 30, s. 60; 2004, c. 39, s. 147; 2007, c. 43, s. 84; 2015, c. 27, s. 20; 2015, c. 20, s. 61.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from the midpoint of the following year and, in all other cases, from the sixty-first day after any of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible;
(3)  31 December of the year in which the person’s retirement plan provides that the person ceases to be a member due to his age or, if he continues to hold pensionable employment on that date, the date on which he retires.
The interest is compounded annually at the rate determined in Schedule VII in force on the date of payment unless another rate in that Schedule already applies on that date, in which case that last rate continues to apply. However, in the case of the plan created by this Act, the Pension Plan of Peace Officers in Correctional Services and the pension plan of the Sûreté du Québec, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VI from the midpoint of the following year until the date of payment. In the case of the Pension Plan of Management Personnel, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VII to the Act respecting the Pension Plan of Management Personnel (chapter R-12.1) from the midpoint of the following year until the date of payment. In the case of the Teachers Pension Plan and the Civil Service Superannuation Plan, the interest is computed, for the reimbursement of contributions deducted in excess for the years prior to the year 1987, according to the rates fixed in Schedule VI which are applicable from the date determined in the first paragraph until the date of payment.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105; 1997, c. 50, s. 47; 2001, c. 31, s. 325; 2002, c. 30, s. 60; 2004, c. 39, s. 147; 2007, c. 43, s. 84; 2015, c. 27, s. 20.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from the midpoint of the following year and, in all other cases, from the sixty-first day after any of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible;
(3)  31 December of the year in which the person attains 69 years of age or the date on which he retires after that date if he continues to hold pensionable employment under his plan after 31 December of that year.
The interest is compounded annually at the rate determined in Schedule VII in force on the date of payment unless another rate in that Schedule already applies on that date, in which case that last rate continues to apply. However, in the case of the plan created by this Act, the Pension Plan of Peace Officers in Correctional Services and the pension plan of the Sûreté du Québec, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VI from the midpoint of the following year until the date of payment. In the case of the Pension Plan of Management Personnel, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VII to the Act respecting the Pension Plan of Management Personnel (chapter R-12.1) from the midpoint of the following year until the date of payment. In the case of the Teachers Pension Plan and the Civil Service Superannuation Plan, the interest is computed, for the reimbursement of contributions deducted in excess for the years prior to the year 1987, according to the rates fixed in Schedule VI which are applicable from the date determined in the first paragraph until the date of payment.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105; 1997, c. 50, s. 47; 2001, c. 31, s. 325; 2002, c. 30, s. 60; 2004, c. 39, s. 147; 2007, c. 43, s. 84.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from the midpoint of the following year and, in all other cases, from the sixty-first day after any of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible;
(3)  31 December of the year in which the person attains 69 years of age or the date on which he retires after that date if he continues to hold pensionable employment under his plan after 31 December of that year.
The interest is compounded annually at the rate determined in Schedule VII in force on the date of payment unless another rate in that Schedule already applies on that date, in which case that last rate continues to apply. However, in the case of the plan created by this Act, the Pension Plan of Peace Officers in Correctional Services and the pension plan of the Sûreté du Québec, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VI from the midpoint of the following year until the date the application is received at the Commission and at the rate determined in Schedule VII from the day following that date until the date of payment. In the case of the Pension Plan of Management Personnel, contributions deducted in excess in a given year are reimbursed with interest, compounded annually, at the rates determined in Schedule VII to the Act respecting the Pension Plan of Management Personnel (chapter R-12.1) from the midpoint of the following year until the date the application is received at the Commission and at the rate determined in Schedule VIII to that Act, in force on that date, from the day following that date until the date of payment. In the case of the Teachers Pension Plan and the Civil Service Superannuation Plan, the interest is computed, for the reimbursement of contributions deducted in excess for the years prior to the year 1987, according to the rates fixed in Schedule VI which are applicable from the date determined in the first paragraph until the date of payment.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105; 1997, c. 50, s. 47; 2001, c. 31, s. 325; 2002, c. 30, s. 60; 2004, c. 39, s. 147.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in all other cases, from the sixty-first day after any of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible;
(3)  31 December of the year in which the person attains 69 years of age or the date on which he retires after that date if he continues to hold pensionable employment under his plan after 31 December of that year.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan, the Pension Plan of Management Personnel, the retirement plan of members of the Sûreté du Québec and the Pension Plan of Peace Officers in Correctional Services, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in a year, during the period commencing after 30 June of the following year. In the case of the Teachers Pension Plan and the Civil Service Superannuation Plan, the interest is computed, for the reimbursement of contributions deducted in excess for the years prior to the year 1987, according to the rates fixed in Schedule VI which are applicable from the date determined in the first paragraph until the date of payment.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105; 1997, c. 50, s. 47; 2001, c. 31, s. 325; 2002, c. 30, s. 60.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in all other cases, from the sixty-first day after any of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible;
(3)  31 December of the year in which the person attains 69 years of age or the date on which he retires after that date if he continues to hold pensionable employment under his plan after 31 December of that year.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan, the Pension Plan of Management Personnel, the retirement plan of members of the Sûreté du Québec and the Pension Plan of Peace Officers in Correctional Services, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in a year, during the period commencing after 30 June of the following year.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105; 1997, c. 50, s. 47; 2001, c. 31, s. 325.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in all other cases, from the sixty-first day after any of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible;
(3)  31 December of the year in which the person attains 69 years of age or the date on which he retires after that date if he continues to hold pensionable employment under his plan after 31 December of that year.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan, the retirement plan of members of the Sûreté du Québec and the Pension Plan of Peace Officers in Correctional Services, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in a year, during the period commencing after 30 June of the following year.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105; 1997, c. 50, s. 47.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in all other cases, from the sixty-first day after either of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan, the retirement plan of members of the Sûreté du Québec and the Pension Plan of Peace Officers in Correctional Services, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in a year, during the period commencing after 30 June of the following year.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48; 1990, c. 87, s. 105.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in all other cases, from the sixty-first day after either of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan, the retirement plan of members of the Sûreté du Québec and the Pension Plan of Peace Officers in Penal Institutions, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in a year, during the period commencing after 30 June of the following year.
No amount of interest is payable pursuant to this section if it is less than the minimum amount prescribed by regulation.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199; 1988, c. 82, s. 48.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in all other cases, from the sixty-first day after either of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan, the retirement plan of members of the Sûreté du Québec and the Pension Plan of Peace Officers in Penal Institutions, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in a year, during the period commencing after 30 June of the following year.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65; 1987, c. 107, s. 199.
151. Every sum owing to a beneficiary, except contributions deducted in excess for years subsequent to the year 1986, under any retirement plan administered by the Commission bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in all other cases, from the sixty-first day after either of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan and the retirement plan of members of the Sûreté du Québec, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in the course of a year, during the period commencing after 30 June of the following year.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17; 1987, c. 47, s. 65.
151. Every sum owing to a beneficiary in the administration of any retirement plan for which the Commission is responsible bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in any other cases, from the sixty-first day after either of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible.
The interest is computed at the rate in force on the date of payment. However, in the case of the Government and Public Employees Retirement Plan and the retirement plan of members of the Sûreté du Québec, the interest is computed, for the reimbursement of contributions and, as the case may be, of the sums paid for the redemption or transfer of service, according to the rates fixed in Schedule VI and applicable during the period commencing after the sixtieth day or, for the reimbursement of contributions deducted in excess in the course of a year, during the period commencing after 30 June of the following year.
1977, c. 21, s. 40; 1983, c. 24, s. 1; 1985, c. 18, s. 17.
151. Every sum owing to a beneficiary in the administration of any retirement plan for which the Commission is responsible bears interest, in the case of contributions deducted in excess in the course of a year, from 1 July of the following year and, in any other cases, from the sixty-first day after either of the following dates:
(1)  the date on which the sum becomes payable if, at the time of his application, the sum is not exigible;
(2)  the date of receipt of his application if, at the time of his application, the sum is exigible.
The interest is computed at the rate in force on the date of payment, except in the case of reimbursement of contributions to the Government and Public Employees Retirement Plan, the rates of which are fixed in Schedule VI and applicable during the period commencing after the sixtieth day.
1977, c. 21, s. 40; 1983, c. 24, s. 1.
151. Notwithstanding the date of the coming into force of the regulations made by orders in council No. 5086-75, dated 19 November 1975, No. 319-76, dated 4 February 1976, and No. 3966-76, dated 10 November 1976, and notwithstanding the date of application mentioned in section 2 of the regulation made by order in council No. 2679-75, dated 2 July 1975, the bodies or institutions mentioned in Schedule II shall be subject to this plan from the dates indicated therein.
1977, c. 21, s. 40.