Advanced Search

• 19 (1) Subject to the Public Service Superannuation Act, where a contributor who ceases to be engaged as an agent to become employed in the Public Service elects to count his service as an agent, or any portion thereof, as service in pensionable employment for purposes of the Public Service Superannuation Act, the Minister of Finance may transfer into the Superannuation Account to the credit of the contributor

  • [...]

  • (b) such amount paid into the Annuities Agents Pension Account in respect of that contributor by Her Majesty in right of Canada as the Minister of Finance determines; and

  • (c) such amount representing interest as the Minister of Finance determines.

• [...]

• (2) A contributor who

  [...]

  shall undergo medical examinations until he reaches 65 years of age at such times and at such places as the Minister may determine.

• (3) Where a contributor who has undergone a medical examination in accordance with subsection (2) is certified by the Medical Services Branch, National Capital Zone of the Department of National Health and Welfare, to have regained his health or to be capable of performing the duties of an agent, payment of the annuity shall be suspended but shall be resumed, subject to these Regulations, at such time as he reaches 65 years of age, or again becomes disabled.

• (4) A report in accordance with the form prescribed by the Minister concerning each medical examination undergone by a contributor to whom subsection (1) or (2) applies shall be made to the Minister as soon as practicable after the medical examination is conducted.

18 If a contributor who is entitled to an annuity under section 9 is re-engaged as an agent or becomes employed in the Public Service, whatever right or claim he may have under these Regulations to payment of the said annuity shall, with respect to the period during which he continues to be so engaged as an agent or employed in the Public Service, be suspended until such time as he ceases to be so engaged or employed.

• 14 (1) Subject to these Regulations, where an annuity or annual allowance becomes payable under these Regulations, it shall be paid in equal monthly instalments commencing on the first day of the month coincident with or immediately following the day on which the recipient becomes entitled thereto and it shall continue to be paid on the first day of each month thereafter until the first day of the month during which the recipient dies and any amount in arrears thereof that remains unpaid at any time after his death shall, in the case of an annuity payable to a contributor who died leaving a widow, be paid in a lump sum as though that amount were a return of contributions to which his widow is entitled under these Regulations, and shall, in any other case, be paid to the recipient’s estate or, if less than $500, as the Treasury Board may direct.

• [...]

• (4) Where pursuant to these Regulations an annuity may be capitalized, the capitalized value shall be computed, where the contributor ceases to be engaged as an agent by reason of

  [...]

• 7 (1) For the purposes of this section, average annual earnings means

  • [...]

  • (c) in the case of a contributor who

    • [...]

    • (ii) has a total of six or more years of past service to his credit before ceasing to be engaged as an agent,

    [...]

• [...]

• (3) The amount of any annuity to which a contributor, who ceased to be engaged as an agent prior to the effective date to become employed in the Government Annuities Branch of the Canada Employment and Immigration Commission, may become entitled under these Regulations, is an amount equal to the product of

  • (a) the sum of

    [...]

    earned during the six-year period immediately preceding the date he ceased to be engaged as an agent, multiplied by