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Royal Canadian Mounted Police Superannuation Regulations

Version of section 16 from 2012-09-01 to 2024-06-19:

  •  (1) The circumstances referred to in subsection 9(5) of the Act under which a contributor who ceased to be a member of the Force and was employed by an eligible employer may revoke an option that the contributor exercised under paragraph 11(3)(b) or (9)(b) of the Act, or is deemed under subsection 9(4) of the Act to have exercised, and exercise a new option exist if

    • (a) the contributor has not yet received a benefit under the Act; and

    • (b) the contributor, on ceasing to be a member of the Force,

      • (i) reasonably expected that an agreement referred to in subsection 24.1(2) of the Act would be entered into and

        • (A) no such agreement had been entered into at the time the contributor applied to revoke the option, or

        • (B) the agreement was entered into after the contributor ceased to be a member of the Force but the contributor’s pensionable service could not be transferred under the agreement, or

      • (ii) took all necessary actions to transfer the contributor’s pensionable service to the eligible employer but, through no fault on the part of the contributor, the transfer could not be validly completed.

  • (2) A contributor who ceased to be a member of the Force and was employed by an eligible employer may, in the circumstances set out in paragraphs (1)(a) and (b), revoke an option that the contributor has exercised under subsection 12(2) of the Act and exercise a new option; a contributor may also, in the same circumstances, revoke an option that the contributor has exercised under subsection 12.1(1) of the Act.

  • (3) The contributor shall exercise the new option within three months after the day on which the notice, which advises the contributor that the transfer of the contributor’s pensionable service to the eligible employer was not possible, is sent.

  • (4) The new option shall be effective on the day on which the contributor exercised, or was deemed to have exercised, the previous option.

  • SOR/2012-124, s. 11

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