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Public Service Superannuation Regulations

Version of section 57 from 2006-03-22 to 2007-05-17:

  •  (1) For the purposes of sections 24.2 and 24.3 of the Act, operational service that occurred on or after the day of coming into force of those sections and in respect of which a person has made an election pursuant to section 6 of the Act is operational service that is pensionable service to the credit of the person only if the person further elects, while employed in operational service, to contribute to the Superannuation Account an additional amount determined in accordance with subsection (2), together with interest within the meaning of subsection 7(2) of the Act.

  • (2) For the purposes of subsection (1), the additional contribution of a person who elects to contribute in respect of previous operational service described in that subsection shall be in an amount equal to the amount that the person would have been required, pursuant to section 55, to contribute in respect of that service, based on the salary authorized to be paid to the person

    • (a) where the person so elects within one year after the day on which the person most recently became employed in operational service, on the day on which the person most recently became employed in operational service; or

    • (b) in any other case, on the day on which the person so elects.

  • (3) An amount payable pursuant to subsection (1) shall be paid

    • (a) in a lump sum, at the time the election referred to in subsection (2) is made; or

    • (b) by deduction from the person’s salary or from any benefits payable to the person under the Act, in approximately equal instalments.

  • SOR/94-259, s. 1
  • SOR/97-490, s. 5(F)

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