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Bill C-320

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First Session, Forty-second Parliament,
64-65 Elizabeth II, 2015-2016
HOUSE OF COMMONS OF CANADA
BILL C-320
An Act to amend the Canadian Forces Superannu­ation Act and the Royal Canadian Mounted Police Superannuation Act (deletion of deduction from annuity)
FIRST READING, November 2, 2016
Ms. Mathyssen
421246


SUMMARY
This enactment amends the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act to eliminate the deduction of Canada Pension Plan benefits from the annuity payable under each of these Acts.
Available on the Parliament of Canada Web Site at the following address:
http://www.parl.gc.ca


1st Session, 42nd Parliament,
64-65 Elizabeth II, 2015-2016
HOUSE OF COMMONS OF CANADA
BILL C-320
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

1Subsections 15(2), (2.‍1), (3) and (7) of the Canadian Forces Superannuation Act are repealed.
2The 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 if the persons to whom such an 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
3Subparagraph 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, as determined in accordance with section 18 of the Canada Pension Plan, and
4Paragraph 50(1)‍(k) of the Act is repealed.
R.‍S.‍, c. R-11

Royal Canadian Mounted Police Superannuation Act

5Subsections 10(2), (2.‍1), (3) and (7) of the Royal Canadian Mounted Police Superannuation Act are repealed.
6Paragraph 26(g) of the Act is repealed.
Published under authority of the Speaker of the House of Commons

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