Public Service Superannuation Regulations

91 The determination of the actuarial present value of the accrued pension benefits referred to in subsection 90(1) is subject to the following rules:

• (a) supplementary benefits are to be increased to take into account the period beginning on the later of January 1 of the year in which valuation day occurs and the date on which the contributor ceased to be employed in the public service and ending on valuation day; and

• (b) the possibility that the contributor could receive an annual allowance is to be excluded.