Canadian Forces Superannuation Act (R.S.C., 1985, c. C-17)

Act current to 2014-09-15 and last amended on 2013-01-01. Previous Versions

Benefits: Definitions, etc.

Marginal note:Definitions

 In this Act, except Part I.1,

“annuity”

« annuité »

“annuity” means an annuity computed in accordance with section 15;

“cash termination allowance”

“cash termination allowance”[Repealed, 2003, c. 26, s. 7]

“deferred annuity”

« annuité différée »

“deferred annuity” means an annuity that becomes payable to the contributor at the time he reaches sixty years of age;

“immediate annuity”

« annuité immédiate »

“immediate annuity” means an annuity that becomes payable to the contributor immediately on his becoming entitled thereto;

“recipient”

“recipient”[Repealed, 2003, c. 26, s. 7]

“return of contributions”

« remboursement de contributions »

“return of contributions” means a return of

  • (a) the amount paid by the contributor into the Superannuation Account or the Canadian Forces Pension Fund but not including any amount so paid pursuant to subsection 39(7) of the Public Service Superannuation Act or subsection 24(6) of the Royal Canadian Mounted Police Superannuation Act, and

  • (b) any amount paid by him or her into any other account or fund, together with interest, if any, that has been transferred to the Superannuation Account or the Canadian Forces Pension Fund,

to the extent that the amount remains to his or her credit in the Superannuation Account or the Canadian Forces Pension Fund, together with interest, if any, calculated pursuant to section 13;

“transfer value”

« valeur de transfert »

“transfer value” means a lump sum amount, representing the value of the contributor’s pension benefits, as determined in accordance with the regulations.

  • R.S., 1985, c. C-17, s. 10;
  • 1999, c. 34, s. 123;
  • 2003, c. 26, s. 7.
Marginal note:Duration of payment, etc., to contributor
  •  (1) Where an annuity or an annual allowance becomes payable under this Part to a contributor, it shall, subject to the regulations, be paid in equal monthly instalments in arrears and shall continue, subject to this Part, during the lifetime of the contributor and thereafter until the end of the month during which the contributor dies, and any amount in arrears thereof that remains unpaid at any time after their death shall be paid as provided in section 26, in respect of a death benefit.

  • Marginal note:Duration of payment, etc., to survivor or child

    (2) When an annual allowance becomes payable under this Part to a survivor or child, it shall, subject to the regulations, be paid in equal monthly instalments in arrears and shall continue, subject to this Part, until the end of the month during which the recipient dies or otherwise ceases to be entitled to receive an annual allowance, and any amount in arrears that remains unpaid at any time after the death of the recipient shall be paid to the estate or succession of the recipient or, if less than one thousand dollars, as the Minister may direct.

  • R.S., 1985, c. C-17, s. 11;
  • 1999, c. 34, s. 124;
  • 2003, c. 26, s. 8.