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Public Service Superannuation Act

Version of section 24.2 from 2005-04-01 to 2012-12-31:

Marginal note:Special pension plan

 Any person who is employed in operational service by the Correctional Service of Canada on or after March 18, 1994 and who is required by subsection 5(1.1) or (1.2) to contribute to the Superannuation Account or the Public Service Pension Fund is entitled, at the person’s option on ceasing to be employed in the public service, in respect of the operational service that is pensionable service to the credit of that person, to an immediate annuity or annual allowance calculated in the manner prescribed by the regulations, in the circumstances and subject to the terms and conditions prescribed by those regulations, in lieu of any benefit to which that person is otherwise entitled under subsection 13(1) in respect of that service.

  • 1992, c. 46, s. 12
  • 1999, c. 34, s. 73
  • 2003, c. 22, s. 225(E)

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