Aveos Pension Plan Regulations (SOR/2013-132)

A - B + C

where

A

is the commuted value of the former member’s pension as of the effective date of the termination of the plan determined in accordance with section 3500 of the Standards of Practice of the Actuarial Standards Board, published by the Canadian Institute of Actuaries, as amended from time to time,

B

is the sum of any pension payments made from the effective date of the termination of the plan until the day on which the transfer is made, and

C

is the amount of any accumulated interest, calculated at the rate that is used in the termination report to calculate the commuted value of pension benefits, from the effective date of the termination of the plan to the beginning of the month in which the transfer is made.