Reserve Force Pension Plan Regulations

Marginal note:90 day time limit

• 31 (1) In respect of a transfer value earnings election, the Minister shall only take into account payments received no later than 90 days after the date of the notice advising the participant of the amount to be paid.

• Marginal note:Payment received late

  (2) The Minister shall also take into account payments received no later than 120 days after the date of the notice if the participant establishes that they gave written instructions in a timely fashion to cause them to be received no later than the 90 days and that they were received after that time through no fault of the participant.