Retirement Compensation Arrangements Regulations, No. 1 (SOR/94-785)

Regulations are current to 2012-05-14 and last amended on 2008-01-31. Previous Versions

23. to 27. [Repealed, SOR/2000-242, s. 2]

PART II

PARTICIPATION UNDER THE PUBLIC SERVICE SUPERANNUATION ACT

[SOR/97-520, s. 4]

28. Words and expressions used in this Part and not otherwise defined in the Act or in these Regulations have the same meaning as in the Public Service Superannuation Act.

DIVISION I

ADDITIONAL PENSIONABLE EARNINGS

[SOR/97-520, s. 5]

  • 29. (1) Any person who, on or after December 15, 1994, is required to contribute to the Superannuation Account or the Public Service Pension Fund and whose annual rate of salary is greater than the annual rate of salary determined under section 5.1 of the Public Service Superannuation Regulations shall contribute to the Retirement Compensation Arrangements Account on the excess salary at the same rates and subject to the same conditions as are set out in section 5 of the Public Service Superannuation Act.

  • (2) Any person employed in operational service within the meaning of section 15 of the Public Service Superannuation Act who on or after December 15, 1994 is required to contribute to the Superannuation Account or Public Service Pension Fund and whose annual rate of salary is greater than the annual rate of salary determined under section 5.1 of the Public Service Superannuation Regulations shall contribute to the Retirement Compensation Arrangements Account on the excess salary an additional amount at the rate set out in section 19 of that Act.

  • (3) Any person employed in operational service within the meaning of section 53 of the Public Service Superannuation Regulations who on or after December 15, 1994 is required to contribute to the Superannuation Account or Public Service Pension Fund and whose annual rate of salary is greater than the annual rate of salary determined under section 5.1 of those Regulations shall contribute to the Retirement Compensation Arrangements Account an additional amount on the excess salary at the rate set out in subsection 55(1) of those Regulations.

  • (4) Any period during which a participant was required to contribute to the Retirement Compensation Arrangements Account under Part I is to be included in calculating years of pensionable service for the purposes of determining applicable contribution rates pursuant to subsections (1) to (3).

  • SOR/2002-73, s. 11.

  • 30. (1) Contributions by a participant under section 29 shall be based on a salary equal to the portion of the annual rate of salary of the participant that exceeds the annual rate of salary determined under section 5.1 of the Public Service Superannuation Regulations.

  • (2) Contributions by a participant under section 29 in respect of periods of leave without pay shall be payable at the same rates and in the same manner as are specified in sections 7 to 7.2 of the Public Service Superannuation Regulations, based on a salary equal to the portion of the annual rate of salary of the participant that exceeds the annual rate of salary determined under section 5.1 of those Regulations.

  • (3) An election under section 5.3 of the Public Service Superannuation Act in respect of a period of leave without pay constitutes an election not to contribute to the Retirement Compensation Arrangements Account.