Reserve Force Pension Plan Regulations (SOR/2007-32)

Marginal note:Deposit of estimated amounts based on actuarial report

• 87 (1) If, following the laying before Parliament of any actuarial valuation report under subsection 59.6(1) of the Act, an amount not previously subject to an estimate under paragraph 59.3(a) of the Act is estimated under that paragraph to be required to meet the cost of benefits payable under these Regulations, the time within which this amount is deposited to the Fund is 15 years after the laying of the report.

• Marginal note:Equal annual instalments

  (2) That amount shall be deposited in equal annual instalments, with the first instalment to be paid in the fiscal year in which the report is laid before Parliament.

• Marginal note:Adjustments

  (3) If, after the laying of a subsequent report, the amount that is estimated is less than the amount that was estimated following the immediately preceding report, the amount of each remaining instalment shall be reduced accordingly.