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An Act to amend the Canada Pension Plan and the Old Age Security Act (S.C. 2007, c. 11)

Assented to 2007-05-03

R.S., c. C-8CANADA PENSION PLAN

 Subsection 96(1) of the Act is replaced by the following:

Marginal note:Application for statement of earnings and request for reconsideration
  • 96. (1) Subject to the provisions of any agreement entered into under section 105, every contributor may require the Minister, by application made in the prescribed manner, to furnish or make available to the contributor a statement of the unadjusted pensionable earnings shown to the contributor’s account in the Record of Earnings, and if a contributor is not satisfied with the statement, they may request that it be reconsidered by the Minister.

  •  (1) Subsection 101(1) of the Act is amended by striking out the word “and” at the end of paragraph (d.1) and by adding the following after paragraph (d.1):

    • (d.2) respecting the use of electronic means to create, communicate, make available, collect, receive, store or otherwise deal with a document or information under this Part, including

      • (i) the technology or process, and the format, that must be used,

      • (ii) the place where an electronic document is to be made or sent,

      • (iii) the time and circumstances when an electronic document is considered to be sent or received and the place where it is considered to have been sent or received,

      • (iv) the technology or process to be used to make or verify an electronic signature and the manner in which the signature is to be used, and

      • (v) the circumstances in which an electronic document must be signed with an electronic signature or a secure electronic signature;

    • (d.3) providing that a requirement under a provision of this Part to provide a document or information by non-electronic means is satisfied by the provision of an electronic document if the prescribed conditions, if any, have been complied with; and

  • (2) Section 101 of the Act is amended by adding the following after subsection (1):

Marginal note:2005, c. 35, s. 46

 Subsection 104.01(3) of the Act is replaced by the following:

  • Marginal note:Availability of information to the individual and other persons

    (3) Subject to the exemptions and exclusions provided in the Privacy Act, if information is relevant to the making of an application or the receipt of a benefit by, or the division of unadjusted pensionable earnings or assignment of a retirement pension that affects, an individual under this Act, it may be made available to

    • (a) the individual;

    • (b) the individual’s representative;

    • (c) a member of Parliament inquiring on behalf of the individual; or

    • (d) on the conditions that may be prescribed, any other individual authorized in writing by the individual.

Marginal note:1997, c. 40, s. 94(5)
  •  (1) The portion of paragraph 113.1(4)(c) of the Act before subparagraph (i) is replaced by the following:

    • (c) the financing objective of having a contribution rate, without taking into account the changes referred to in paragraph (d) for which the contribution rate most recently calculated under subparagraph 115(1.1)(c)(ii) exceeds zero, that is no lower than the rate

  • Marginal note:1997, c. 40, s. 94(8)

    (2) Subsections 113.1(11) to (11.04) of the Act are repealed.

  • Marginal note:1997, c. 40, s. 94(8)

    (3) The portion of subsection 113.1(11.05) of the Act before paragraph (a) is replaced by the following:

    • Marginal note:Insufficient rates

      (11.05) Subject to subsections (11.12) and (11.13), if, at October 1 of the year before a three-year period for which a review is required by subsection (1), the contribution rate for self-employed persons for the years in that three-year period less the contribution rate most recently calculated under subparagraph 115(1.1)(c)(ii) is less than the contribution rate most recently calculated under subparagraph 115(1.1)(c)(i) for self-employed persons for those years,

  • Marginal note:1997, c. 40, s. 94(8)

    (4) Subsections 113.1(11.06) to (11.11) of the Act are replaced by the following:

    • Marginal note:Interpretation

      (11.06) In the calculations under subsections (11.07) to (11.11),

      A
      is one half of the contribution rate most recently calculated under subparagraph 115(1.1)(c)(i) for self-employed persons for the years in the three-year period referred to in subsection (11.05);
      B
      is the contribution rate for employees and employers at October 1 of the third year of the last three-year period for which contribution rates were set for employees and employers, by an Act of Parliament or by a regulation made under subsection (6), on the recommendation of ministers under subsection (1);
      C
      is one half of the contribution rate most recently calculated under subparagraph 115(1.1)(c)(ii) for self-employed persons for the years in the three-year period referred to in subsection (11.05); and
      D
      is the difference between B and C.
    • Marginal note:Determination of rate — 1st case

      (11.07) If neither A nor D is greater than 4.95% and A is greater than D, the contribution rate for employees and employers for each year after the October 1 date referred to in subsection (11.05) is A plus C.

    • Marginal note:Determination of rate — 2nd case

      (11.08) If A is greater than 4.95%, D is less than or equal to 4.95% and the percentage determined by the formula

      1/2(A - D)

      is less than or equal to 0.1%, then the contribution rate for employees and employers for each year after the October 1 date referred to in subsection (11.05) is the rate determined by the formula

      4.95% + 1/2(A - 4.95%) + C

    • Marginal note:Determination of rate — 3rd case

      (11.09) If A is greater than 4.95%, D is less than or equal to 4.95% and the percentage determined by the formula

      1/2(A - D)

      is greater than 0.1%, then the contribution rate for employees and employers is

      • (a) for the first year after the October 1 date referred to in subsection (11.05), the rate determined by the formula

        4.95% + 1/6(A - 4.95%) + C

      • (b) for the next year, the rate determined by the formula

        4.95% + 1/3(A - 4.95%) + C

        and

      • (c) for each subsequent year, the rate determined by the formula

        4.95% + 1/2(A - 4.95%) + C

    • Marginal note:Determination of rate — 4th case

      (11.1) If subsections (11.07) to (11.09) do not apply and the percentage determined by the formula

      1/2(A - D)

      is less than or equal to 0.1%, then the contribution rate for employees and employers for each year after the October 1 date referred to in subsection (11.05) is the rate determined by the formula

      D + 1/2(A - D) + C

    • Marginal note:Determination of rate — 5th case

      (11.11) If subsections (11.07) to (11.1) do not apply, then the contribution rate for employees and employers is

      • (a) for the first year after the October 1 date referred to in subsection (11.05), the rate determined by the formula

        D + 1/6(A - D) + C

      • (b) for the next year, the rate determined by the formula

        D + 1/3(A - D) + C

        and

      • (c) for each subsequent year, the rate determined by the formula

        D + 1/2(A - D) + C

  • Marginal note:1997, c. 40, s. 94(8)

    (5) Subsection 113.1(11.14) of the Act is replaced by the following:

    • Marginal note:Adjustment

      (11.14) If a contribution rate determined under any of subsections (11.07) to (11.11) is not a multiple of 0.005%, the contribution rate is to be rounded to the nearest multiple of 0.005%.

  • Marginal note:R.S., c. 30 (2nd Supp.), s. 56

    (6) Subsection 113.1(12) of the Act is replaced by the following:

    • Marginal note:Application of subsection 114(2)

      (12) For greater certainty, subsection 114(2) does not apply to any amendments to the schedule made under subsection (6) or subsections (11.05) to (11.11).

Marginal note:1997, c. 40, s. 95(4)

 Subsection 114(4.1) of the Act is replaced by the following:

  • Marginal note:Exception

    (4.1) Subsections (2) and (4) do not apply in respect of changes under any of subsections 113.1(11.05) to (11.11) to benefits or contribution rates.

Marginal note:1997, c. 40, s. 96(1)

 Paragraph 115(1.1)(c) of the Act is replaced by the following:

  • (c) specify a contribution rate calculated, in respect of self-employed persons for each year of a period of not less than 75 years after the three-year period in which the report is prepared, by combining

    • (i) a contribution rate, calculated in the prescribed manner, without taking into account the changes referred to in paragraph 113.1(4)(d) for which the contribution rate most recently calculated under subparagraph (ii) exceeds zero, and

    • (ii) a contribution rate calculated in the prescribed manner in respect of the changes referred to in paragraph 113.1(4)(d);

  • (c.1) specify the contribution rates referred to in subparagraphs (c)(i) and (ii); and

 

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