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Bill C-201

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1st Session, 40th Parliament,
57 Elizabeth II, 2008
house of commons of canada
BILL C-201
An Act to amend the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act (deletion of deduction from annuity)
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
R.S., c. C-17
CANADIAN FORCES SUPERANNUATION ACT
1. Subsection 2(1) of the Canadian Forces Superannuation Act is amended by adding the following in alphabetical order:
“Year’s Maximum Pensionable Earnings”
« maximum des gains annuels ouvrant droit à pension »
“Year’s Maximum Pensionable Earnings” has the same meaning as in the Canada Pension Plan.
2. Paragraph 5(1)(a) of the Act is replaced by the following:
(a) four per cent of the portion of his or her salary that is less than or equal to the Year’s Maximum Pensionable Earnings; and
3. (1) Subsections 15(2), (2.1) and (3) of the Act are repealed.
(2) Subsection 15(7) of the Act is repealed.
4. The portion of section 40 of the Act before paragraph (a) is replaced by the following:
Minimum benefits
40. (1) If, on the death of a contributor who, on ceasing to be a member of the Canadian Forces, was entitled to an immediate annuity or an annual allowance, there is no person to whom an allowance provided in this Part may be paid, or where the persons to whom such allowance may be paid die or cease to be entitled to it and no other amount may be paid to them under this Part, any amount by which the calculated amount, within the meaning of subsection (2), exceeds the aggregate of all amounts paid to those persons and to the contributor under this Part or Part V of the former Act shall be paid
5. Subparagraph 42(1.1)(a)(i) of the Act is replaced by the following:
(i) four per cent of the portion of his or her salary that is less than or equal to the Year’s Maximum Pensionable Earnings, and
6. Paragraph 50(1)(k) of the Act is repealed.
R.S., c. R-11
ROYAL CANADIAN MOUNTED POLICE SUPERANNUATION ACT
7. Subsection 3(1) of the Royal Canadian Mounted Police Superannuation Act is amended by adding the following in alphabetical order:
“Year’s Maximum Pensionable Earnings”
« maximum des gains annuels ouvrant droit à pension »
“Year’s Maximum Pensionable Earnings” has the same meaning as in the Canada Pension Plan.
8. Paragraph 5(1)a) of the Act is replaced by the following:
(a) four per cent of the portion of his or her pay that is less than or equal to the Year’s Maximum Pensionable Earnings; and
9. (1) Subsections 10(2), (2.1) and (3) of the Act are repealed.
(2) Subsection 10(7) of the Act is repealed.
10. Paragraph 26(g) of the Act is repealed.
Published under authority of the Speaker of the House of Commons
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