1. These Regulations may be cited as the Atomic Energy of Canada Limited Pension Regulations.

2. In these Regulations,

“Act”

“Act” means the Public Service Superannuation Act; (Loi)

“Company”

“Company” means Atomic Energy of Canada Limited; (Compagnie)

“employee”

“employee” means a person who, whether or not he has ceased to be employed in the Public Service,

• (a) was a member of the former pension plan on May 29, 1975, and

• (b) became a contributor under the Act on May 30, 1975; (employé)

“former pension plan”

“former pension plan” means the Pension Plan for Prevailing Rate Employees of Atomic Energy of Canada Limited underwritten through policies numbered 5952-G and 13003-G issued by the Sun Life Assurance Company of Canada; (ancien régime de pension)

“pensioner”

“pensioner” means a person who

• (a) ceased to be employed with the Company prior to May 30, 1975 and

  • (i) is receiving or becomes eligible to receive annuity benefits under sections 9, 12 or 14 of the former pension plan, or

  • (ii) is not receiving annuity benefits under the former pension plan but is receiving on October 1, 1975 ex gratia supplementary pension payments being made by the Company, or

• (b) is receiving or becomes eligible to receive annuity benefits under sections 15, 16 or 17 of the former pension plan in respect of service prior to May 30, 1975 or becomes eligible to receive annuity benefits in respect of a person who ceased to be employed with the Company prior to May 30, 1975; (retraité)

“period of service to his credit”

“period of service to his credit” means any period of service of an employee that he may count for the purposes of the former pension plan; (service à son crédit)

“reciprocal pension transfer agreement”

“reciprocal pension transfer agreement” means the reciprocal pension transfer agreement entered into by the Minister and the Company on November 12, 1971. (accord de transfert de pension réciproque)

• 3. (1) There shall be paid out of the Superannuation Account to every pensioner who

  • (a) ceased to be employed with the Company prior to April 1, 1970, or

  • (b) is receiving or becomes eligible to receive annuity benefits in respect of a person described in paragraph (a)

  and who completes and forwards to the Company two copies of the appointment set out in the schedule an amount equal to the sum of

  • (c) any pension payable to or in respect of that pensioner under the former pension plan, and

  • (d) any ex gratia supplementary pension payments being made by the Company to or in respect of that pensioner in the month of August, 1975

  commencing with the first day of the second month following the Company’s receipt of that appointment.

• (2) Any pension payable under the former pension plan to or in respect of a pensioner other than a pensioner described in subsection (1) shall be paid out of the Superannuation Account on or after October 1, 1975.

• (3) Every pension benefit payable pursuant to subsections (1) and (2) shall be paid subject to the terms and conditions on which that pension benefit would have been paid pursuant to the former pension plan.