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Canadian Forces Superannuation Regulations

Version of section 26 from 2006-03-22 to 2016-03-28:


 Where the new option exercised by the contributor under section 23 results in the payment of an annuity and in the opinion of the Minister the repayment by the contributor of the payment referred to in paragraph 24(c) within the period specified in that paragraph would cause undue financial hardship to the contributor, the amount of the payment shall be repaid in monthly instalments in such amounts as the Minister directs to be withheld from the annuity payable pursuant to the new option and such deductions shall not in any case be less than 10 per cent of the gross monthly amount of such annuity.

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