PART V COMPENSATION AND RIGHT OF ACTION — Retirement benefits
85
(1) Where a worker who is in receipt of extended earnings loss benefits on or after January 1, 2019 in respect of an injury reaches the age of 65 years, the worker is entitled to receive a lump sum payment equal to
85(a)
5% of the following benefits paid to the worker in respect of the injury, together with accrued interest:
85(i)
extended earnings loss benefits, and (ii) where the worker received temporary earnings loss benefits for more than 24 months, the temporary earnings loss benefits paid to the worker for the period in excess of 24 months; or extended earnings loss benefits, and (ii) where the worker received temporary earnings loss benefits for more than 24 months, the temporary earnings loss benefits paid to the worker for the period in excess of 24 months.
85(b)
10% of the following benefits paid to the worker in respect of the injury, together with accrued interest, where the worker is or was at the time of the injury a member of an employer-sponsored pension plan:
Not legal advice. Verify the cited article against the signed agreement.