34.13. If, at the death of the beneficiary of a pension credit, the amount he had to pay to acquire the pension credit, with accrued interest until the date on which the pension credit became payable, exceeds the total amounts which have been paid to him in respect of such pension credit, the excess is paid in a single payment to his spouse or, if he has no spouse, to his successors.
If benefits related to the pension credit ceased to be paid to a person who holds or again holds pensionable employment under this plan, the amount he was required to pay to acquire the pension credit, with accrued interest until the date on which the pension credit became payable, is reduced by the amounts paid in respect of such pension credit from the date on which payment thereof had ceased.
The balance of the amount he was required to pay bears interest at the rate in force on the date of reimbursement for every period in respect of which no amount was paid as pension credit in a year or, as the case may be, during the period contemplated in section 69 of the Act respecting the Government and Public Employees Retirement Plan (chapter R-10) pursuant to section 36 of this Act.
1990, c. 87, s. 7; 1995, c. 46, s. 31.