Public Service Superannuation Act

Marginal note:Election to continue as participant

• 51 (1) A participant who is employed in the Public Service and has been so employed substantially without interruption for two years or more or has been a participant under this Part without interruption for two years or more may, within one year before the time of ceasing to be employed in the Public Service, elect to continue to be a participant under this Part after that time.

• Marginal note:Election to continue as participant

  (2) A person who ceases to be employed in the Public Service and at the time of ceasing to be so employed is a participant who has been employed in the Public Service substantially without interruption for two years or more or has been a participant under this Part without interruption for two years or more,

  • (a) shall be deemed, for the purposes of this Part except section 53, to be a participant under this Part for a period of thirty days after that time; and

  • (b) may, within that period of thirty days, elect to continue to be a participant under this Part after the expiry of that period, and shall, if on ceasing to be so employed, or on ceasing to be required to contribute to the Retirement Compensation Arrangements Account by section 8 or 9 of the Retirement Compensation Arrangements Regulations, No. 1, he or she is entitled to an immediate annuity or an immediate annual allowance — or to an immediate benefit or an immediate allowance under Part I of those regulations — be deemed so to have elected within that period to continue to be a participant under this Part after the expiry of that period.

• Marginal note:Idem

  (3) An election under subsection (1) or (2) shall be deemed not to take effect until the expiration of the period of thirty days mentioned in paragraph (2)(a).

• Marginal note:When regular force participant deemed participant

  (4) Notwithstanding anything in this Part, a participant who becomes a regular force participant ceases to be a participant under this Part, but if on ceasing to be a regular force participant he is not entitled to an immediate annuity under the Canadian Forces Superannuation Act and is entitled to an immediate annuity under Part I, he shall be deemed to have elected under subsection (1) to continue to be a participant under this Part.