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

Section 23 Disposition versions

2005-01-01

23. Subject to sections 24 and 25, the years and parts of a year of service credited to an employee and the years and parts of a year of service for which pension credit was granted to the employee under the Act respecting the Government and Public Employees Retirement Plan (chapter R-10), the Act respecting the Pension Plan of Management Personnel (chapter R-12.1), the Act respecting the Teachers Pension Plan (chapter R-11) or the Act respecting the Civil Service Superannuation Plan (chapter R-12), must be credited under this plan on an actuarially equivalent basis established on the day following the date the employee qualifies for membership in this plan, if the contributions have not been refunded to the employee.

The years and parts of a year of service are credited beginning with the most recent service, until the actuarial value of the benefits established in respect of those years and parts of a year of service under this plan reaches the actuarial value of the benefits accrued under the other pension plans concerned, without exceeding the total service credited or counted under each of the other plans.

If the years and parts of a year of service are credited or counted under more than one of the pension plans referred to in the first paragraph, the total service credited or counted under each of those plans is used for retirement eligibility purposes to establish the actuarial value of the benefits accrued under each plan.

The actuarial values of the benefits are established on the basis of actuarial assumptions and methods determined by regulation and which may vary according to the pension plans and the benefits concerned.

1987, c. 107, s. 23; 1991, c. 77, s. 16; 1992, c. 16, s. 3; 2004, c. 39, s. 6.

1992-06-23

23. The years or parts of a year of service contemplated in the first paragraph of section 22 which are standing to the credit of an employee who, on 31 December 1987, was not a peace officer included in the bargaining unit referred to in section 1 or who, on 31 December 1991, was not an intermediate officer holding employment in a house of detention or a person belonging to a class or subclass of employees determined under subparagraph 2 of the first paragraph of section 1.1, and the years and parts of a year of service referred to in the second paragraph of section 22 shall be credited under this plan on an actuarially equivalent basis as established on the date he begins to pay contributions to this plan. These years and parts of a year of service shall, in that case, be credited, beginning with the latest service, until the actuarial value of the benefits as established in respect of those years and parts of a year of service under this plan reaches the actuarial value of the benefits accrued under the other pension plan, without exceeding the service credited to the employee under that other plan.

The actuarial values of the benefits shall be determined on the basis of actuarial assumptions and methods determined by regulation, which may vary according to the pension plans and benefits concerned.

Notwithstanding the foregoing, if years and parts of a year of service contemplated in the first paragraph of section 22 are standing to the credit of the employee under several pension plans, they are deemed, for the purposes of establishing the actuarial value of accrued benefits, to have been transferred to the last pension plan of which the employee was a member before becoming a member of this plan.

1987, c. 107, s. 23; 1991, c. 77, s. 16; 1992, c. 16, s. 3.

1992-01-01

23. The years or parts of a year of service contemplated in the first paragraph of section 22 which are standing to the credit of an employee who, on 31 December 1987, was not a peace officer included in the bargaining unit referred to in section 1 or who, on 31 December 1991, was not an intermediate officer working in a house of detention or a person belonging to a class or subclass of employees determined under subparagraph 2 of the first paragraph of section 1.1, and the years and parts of a year of service referred to in the second paragraph of section 22 shall be credited under this plan on an actuarially equivalent basis as established on the date he begins to pay contributions to this plan. These years and parts of a year of service shall, in that case, be credited, beginning with the latest service, until the actuarial value of the benefits as established in respect of those years and parts of a year of service under this plan reaches the actuarial value of the benefits accrued under the other pension plan, without exceeding the service credited to the employee under that other plan.

The actuarial values of the benefits shall be determined on the basis of actuarial assumptions and methods determined by regulation, which may vary according to the pension plans and benefits concerned.

Notwithstanding the foregoing, if years and parts of a year of service contemplated in the first paragraph of section 22 are standing to the credit of the employee under several pension plans, they are deemed, for the purposes of establishing the actuarial value of accrued benefits, to have been transferred to the last pension plan of which the employee was a member before becoming a member of this plan.

1987, c. 107, s. 23; 1991, c. 77, s. 16.

1988-01-01

23. The years or parts of a year of service contemplated in the first paragraph of section 22 which are standing to the credit of an employee who, on 31 December 1987, was not a peace officer included in the bargaining unit referred to in section 1, and the years and parts of a year of service referred to in the second paragraph of section 22 shall be credited under this plan on an actuarially equivalent basis as established on the date he begins to pay contributions to this plan. These years and parts of a year of service shall, in that case, be credited, beginning with the latest service, until the actuarial value of the benefits as established in respect of those years and parts of a year of service under this plan reaches the actuarial value of the benefits accrued under the other pension plan, without exceeding the service credited to the employee under that other plan.

The actuarial values of the benefits shall be determined on the basis of actuarial assumptions and methods determined by regulation, which may vary according to the pension plans and benefits concerned.

Notwithstanding the foregoing, if years and parts of a year of service contemplated in the first paragraph of section 22 are standing to the credit of the employee under several pension plans, they are deemed, for the purposes of establishing the actuarial value of accrued benefits, to have been transferred to the last pension plan of which the employee was a member before becoming a member of this plan.

1987, c. 107, s. 23.