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Royal Canadian Mounted Police Superannuation Regulations

Version of section 57 from 2026-06-22 to 2026-09-21:

  •  (1) Subject to subsection (2) and section 58, a contributor who ceased to be a member of the Force before the day on which this section comes into force and who wishes to exercise an option for a transfer value must do so on or before the later of

    • (a) one year after the day on which this section comes into force, and

    • (b) the day that is six months after the date of the notice informing the contributor that they are entitled to exercise an option for a transfer value.

  • (2) If the contributor establishes that they have not received the notice referred to in paragraph (1)(b), the following rules apply:

    • (a) a notice must be sent to the contributor informing them that they are entitled to exercise an option for a transfer value; and

    • (b) except if they have started receiving an annuity or an annual allowance under the Act, the contributor may exercise that option after the day provided for in subsection (1) but not later than three months after the date of the notice referred to in paragraph (a).

  • (3) [Repealed, SOR/2026-150, s. 27]

  • (4) [Repealed, SOR/2026-150, s. 27]

  • SOR/2003-232, s. 2
  • SOR/2012-124, ss. 31, 32(E)
  • SOR/2026-150, s. 27

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