Bill C-78

(a) provide that the service of a former member of the House of Commons or a former Senator in respect of which he or she made contributions under the Members of Parliament Retiring Allowances Act may, to the extent and subject to the conditions that may be prescribed by the regulations, be counted by that former member or former Senator as pensionable service for the purposes of this Part; and

(b) provide for the transfer to the Superannuation Account or the Public Service Pension Fund of amounts in the Retiring Allowances Account, within the meaning of that Act, in respect of him or her.

(a) fixing an annual rate of salary for the purposes of paragraph 5(6)(b) or prescribing the manner of determining the annual rate of salary;

(r) fixing the percentage of a person's salary required to be contributed to the Superannuation Account or the Public Service Pension Fund under subsection 24.4(1) or prescribing the manner of determining that percentage;

(t) requiring the Minister to credit additional amounts to the Superannuation Account or to pay additional amounts into the Public Service Pension Fund in respect of the operational service that is pensionable service to the credit of a person referred to in section 24.2 and prescribing the manner and circumstances in which those amounts are to be credited or paid;

(v.3) respecting the manner in which and the determination of the balances on which interest is to be calculated under subsection 10(9) and respecting the rates of interest for the purposes of paragraph 10(9)(c);

(v.5) respecting the terms and conditions, including the requirement of a person or body referred to in subsection 40.1(1) to pay into the Superannuation Account or the Public Service Pension Fund the amount that is determined in accordance with the regulations for any or all cases, subject to which, and the maximum period during which, the person or body is to form part of the Public Service pursuant to a direction of the Treasury Board made under subsection 40.1(2);

(v.7) respecting the manner in which and extent to which any provision of this Act or any regulations made under this Act apply to any employee of an entity or portion of an entity and adapting any of those provisions for the purposes of that application when an order is made under subsection 42(4) or a regulation is made under paragraph (v.1) in respect of that entity, including the manner of determining any amount that may be paid out of the Superannuation Account or the Public Service Pension Fund in respect of those employees and the terms and conditions under which the amount is to be paid;

(v.8) respecting the additional information that is required to be included in annual reports referred to in section 46; and

Amounts

Public Service Superannuation Investment Fund

(a) the amounts in the Superannuation Account transferred on or after April 1, 2000 that the Minister of Finance determines, in the manner and at the times that that minister determines; and

(b) the income from the investment of the amounts referred to in paragraph (a) plus profits less losses on the sale of the investments.

Public Service Pension Fund

(a) the amounts determined by the Minister under subsection (3);

(b) all other amounts required by this Act to be paid into the Fund; and

(c) the income from the investment of the amounts referred to in paragraphs (a) and (b) plus profits less losses on the sale of the investments.

(a) an amount that is determined by the Minister, based on actuarial advice, to be required to provide for the cost of the benefits that have accrued in respect of that month in relation to current service and that will become payable out of the Public Service Pension Fund; and

(b) an amount that is determined by the Minister in relation to the total amount paid into the Public Service Pension Fund during the preceding month by way of contributions in respect of past service.

(a) the contributions payable under section 5 may be reduced in the manner, at the times and for the period that the Treasury Board determines, on the Minister's recommendation; or

(b) there may be paid out of the Public Service Pension Fund, and into the Consolidated Revenue Fund, the amount, at the time and in the manner, that the Treasury Board determines on the recommendation of the Minister.

(a) the amount that will be required in order to meet the cost of the benefits payable under this Part and Part III in respect of pensionable service that comes to the credit of contributors on or after April 1, 2000, and

(b) the amount of any surplus in the Public Service Pension Fund that does not constitute a non-permitted surplus.

(a) twenty percent of the amount of liabilities in respect of contributors, as determined in that report, and

(b) the greater of

(i) twice the estimated amount, for the calendar year following the date of that report, of the total of

(A) the current service contributions that would be required of contributors, and

(B) the amounts that would be determined under paragraph 44.2(3)(a) and subsection 37(2) less any amount that would be determined under that subsection in respect of past service, and

(ii) the amount that would be determined under paragraph (a) if the reference in that paragraph to ``twenty percent'' were read as a reference to ``ten percent''.