Annuities Agents Pension Regulations (C.R.C., c. 319)

19 (1) Subject to the Public Service Superannuation Act, where a contributor who ceases to be engaged as an agent to become employed in the Public Service elects to count his service as an agent, or any portion thereof, as service in pensionable employment for purposes of the Public Service Superannuation Act, the Minister of Finance may transfer into the Superannuation Account to the credit of the contributor

• (a) an amount equal to the total amount paid into the Annuities Agents Pension Account in respect of that contributor, except any portion thereof so paid by Her Majesty in right of Canada;

• (b) such amount paid into the Annuities Agents Pension Account in respect of that contributor by Her Majesty in right of Canada as the Minister of Finance determines; and

• (c) such amount representing interest as the Minister of Finance determines.

(2) Upon the Minister of Finance making a transfer in accordance with subsection (1), the contributor in respect of whom the transfer is made ceases to be entitled to any other benefit under these Regulations.