Retirement Compensation Arrangements Regulations, No. 1

Version of section 44 from 2006-03-22 to 2012-05-31:

  •  (1) Contributions by a participant under section 43 shall be based on an annual rate of pay equal to the portion of the annual rate of pay of the participant that exceeds the annual rate of pay determined under section 12.1 of the Canadian Forces Superannuation Regulations.

  • (2) Contributions by a participant under section 43 in respect of periods of service without pay shall be payable at the same rates and in the same manner as are specified in sections 11 and 12 of the Canadian Forces Superannuation Regulations, based on an annual rate of pay equal to the portion of the annual rate of pay of the participant that exceeds the annual rate of pay determined under section 12.1 of those Regulations.

  • (3) A participant may elect not to contribute to the Retirement Compensation Arrangements Account in respect of a period of service without pay subject to the same terms and conditions as are set out in any regulations made under section 6.1 of the Canadian Forces Superannuation Act.

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