Canadian Forces Superannuation Regulations

8.4 In respect of a member of the reserve force who is considered to be a member of the regular force by virtue of subsection 8.1(3) or a former member of the reserve force who is a former member of the regular force and who has re-enrolled in or transferred to the regular force, subsections 41(4) and (5) of the Act are adapted as follows:

• (4) In respect of a member of the reserve force who is considered to be a member of the regular force by virtue of subsection 8.1(3) of the Canadian Forces Superannuation Regulations or a former member of the reserve force who is a former member of the regular force and who has re-enrolled in or transferred to the regular force, an election under clauses 6(b)(ii)(G) and (H), as adapted by subsection 12.2(2) of those Regulations, is void unless, within the time set out in those clauses, the member or former member elects to repay the amount of annuity or annual allowance that they received during the period of service referred to in the election.

• (5) The member or former member making the election shall pay into the Canadian Forces Pension Fund, at the time and in the manner set out in section 22.1 of those Regulations, an amount determined by the following formula:

  A × B/365

  where

  A

  is the amount of the annuity or annual allowance; and

  B

  is the member’s number of days of Canadian Forces service while in receipt of the annuity or annual allowance.