Bill C-78
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1996, c. 18,
s. 37
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103. Section 53 of the Act is replaced by
the following:
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Amount of
contributions
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53. Every participant shall contribute to the
Consolidated Revenue Fund at the rate of
fifteen cents per month for every thousand
dollars in the amount of the participant's basic
benefit (reduced, if the participant has
attained the age of sixty-five years and is
employed in the Public Service, having been
so employed substantially without
interruption for two years or more or having
been a participant under this Part without
interruption for two years or more, by one
dollar and fifty cents per month, commencing
as of the time that the regulations prescribe,
being the contribution otherwise payable
under this Part for the basic benefit in the
amount of ten thousand dollars referred to in
the definition ``basic benefit'' in subsection
47(1)) or, in the case of elective participants
and participants who are absent from duty, any
contribution that the regulations prescribe.
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104. Section 55 of the Act is amended by
adding the following after subsection (2):
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Exception
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(2.1) If it is established to the satisfaction of
the Minister when the participant dies that the
beneficiary or widow cannot be found, the
benefit shall be paid to the estate or succession
of the participant or, if less than one thousand
dollars, shall be paid as the Minister may
direct.
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1992, c. 46,
s. 27
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105. Subparagraph 56(1)(c)(iii) of the Act
is replaced by the following:
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106. Paragraph 61(1)(h) of the English
version of the Act is replaced by the
following:
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1992, c. 46,
s. 30
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107. The definition ``contributor'' in
section 64 of the Act is repealed.
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1992, c. 46,
s. 30
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108. Section 65 of the Act is repealed.
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1992, c. 46,
s. 30
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109. Subsection 66(1) of the Act is
replaced by the following:
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Contributions
for elective
service
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66. (1) A person who elects, pursuant to
section 6 or 39, to count as pensionable service
any period of elective service specified in that
section, or any portion of that service, that is
after March 31, 1970 but before January 1,
2000 is required to contribute to the
Superannuation Account or the Public Service
Pension Fund in respect of it, in addition to any
other amount required under this Act, an
amount calculated in the manner and in
respect of the salary described in those
sections
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1992, c. 46,
s. 30
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110. Section 67 of the Act is repealed.
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1992, c. 46,
s. 30
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111. Paragraph 69(3)(b) of the Act is
replaced by the following:
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1992, c. 46,
s. 30
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112. Subsection 70(2) of the Act is
repealed.
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1992, c. 46,
s. 30
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113. The portion of subsection 71(1) of the
Act before paragraph (a) is replaced by the
following:
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Regulations
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71. (1) The Governor in Council may, for
the purpose of enabling the pension plan
provided by this Act to conform with any
provision of section 147.1 of the Income Tax
Act and Part LXXXV of the Income Tax
Regulations, make regulations
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114. (1) Part II of Schedule I to the Act is
amended by striking out the following:
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Postmasters and Assistant Postmasters in
Revenue Post Offices
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(2) Part III of Schedule I to the Act is
amended by adding the following in
alphabetical order:
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Canada Post Corporation
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R.S., c. C-17;
R.S., c. 31 (1st
Supp.), c. 13
(2nd Supp.);
1989, c. 6;
1992, c. 46;
1998, c. 35
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AMENDMENTS TO THE CANADIAN FORCES SUPERANNUATION ACT |
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115. (1) The definitions ``contributor''
and ``salary'' in subsection 2(1) of the
Canadian Forces Superannuation Act are
replaced by the following:
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``contributor'' « contributeur »
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``contributor'' means a person who is required
by section 5 to contribute to the
Superannuation Account or the Canadian
Forces Pension Fund, and includes, unless
the context otherwise requires,
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``salary'' « traitement »
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``salary'' as applied to a member of the
Canadian Forces means the pay received by
the member from employment as a member
of the Canadian Forces;
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(2) Subsection 2(1) of the Act is amended
by adding the following in alphabetical
order:
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``Canadian
Forces
Pension
Fund'' « Caisse de retraite des Forces canadiennes »
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``Canadian Forces Pension Fund'' means the
fund established under section 55.2;
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``Canadian
Forces
Superannuatio
n Investment
Fund'' « Fonds de placement du compte de pension de retraite des Forces canadiennes »
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``Canadian Forces Superannuation
Investment Fund'' means the fund
established under section 55.1;
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``child'' « enfant »
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``child'' means a child or stepchild of - or an
individual adopted either legally or in fact
by - a contributor, who at the time of the
contributor's death was dependent on the
contributor for support;
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``survivor'' « survivant »
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``survivor'', in relation to a contributor, means
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(3) Subsection 2(2) of the Act is repealed.
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116. Subsection 4(1) of the Act is replaced
by the following:
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Eligibility
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4. (1) Subject to this Act, an annuity or other
benefit specified in this Act shall be paid to or
in respect of every person who, being required
to contribute to the Superannuation Account
or the Canadian Forces Pension Fund in
accordance with this Act, ceases to be a
member of the regular force or dies, and that
annuity or other benefit shall, subject to this
Act, be based on the number of years of
pensionable service to the credit of that
person.
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1992, c. 46,
s. 33(1)
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117. (1) Subsection 5(1) of the Act is
replaced by the following:
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Contribution
rates before
2004
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5. (1) A member of the regular force, except
a person described in subsection (1.1), is
required to contribute, in respect of every year
in the period beginning on January 1, 2000 and
ending on December 31, 2003, by reservation
from salary or otherwise,
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Contribution
rates - 2004
and later
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(1.01) A member of the regular force,
except a person described in subsection (1.1),
is required to contribute, in respect of every
portion of the period beginning on January 1,
2004 by reservation from salary or otherwise,
at the contribution rates determined by the
Treasury Board in respect of that portion on
the joint recommendation of the President of
the Treasury Board and the Minister.
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Funds for
contributions
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(1.02) The contributions shall be made to
the Superannuation Account for the period
beginning on January 1, 2000 and ending on
March 31, 2000 and shall be made to the
Canadian Forces Pension Fund for the period
after that.
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Limitation -
determination
of
contribution
rate
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(1.03) In determining the contribution rates
for the purposes of subsection (1.01) and
paragraphs (2)(b), (3)(b) and (4)(b), the rates
must not
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1992, c. 46,
s. 33(2)
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(2) Subsection 5(2) of the Act is replaced
by the following:
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Contribution
rates -
thirty-five
years of
service before
January 1,
2000
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(2) A person who has to his or her credit,
before January 1, 2000, a period of
pensionable service - or a period of
pensionable service and other pensionable
service - totalling thirty-five years is not
required to contribute under subsections (1)
and (1.01) but is required to contribute, by
reservation from salary or otherwise,
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Contribution
rates -
thirty-five
years of
service on or
after January
1, 2000 and
before April
1, 2000
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(3) A person who has to his or her credit, on
or after January 1, 2000 and before April 1,
2000, a period of pensionable service - or a
period of pensionable service and other
pensionable service - totalling thirty-five
years is only required to contribute under
subsection (1) during the period beginning on
January 1, 2000 and ending on the day before
the person has to his or her credit those
thirty-five years and after that day is not
required to contribute under subsections (1)
and (1.01) but is required to contribute, by
reservation from salary or otherwise,
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Contribution
rates -
thirty-five
years of
service on or
after April 1,
2000
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(4) A person who has to his or her credit, on
or after April 1, 2000, a period of pensionable
service - or a period of pensionable service
and other pensionable service - totalling
thirty-five years is only required to contribute
under subsections (1) and (1.01) during the
period beginning on April 1, 2000 and ending
on the day before the person has to his or her
credit those thirty-five years and after that day
is not required to contribute under subsections
(1) and (1.01) but is required to contribute, by
reservation from salary or otherwise,
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Other
pensionable
service
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(5) For the purpose of subsections (2) to (4),
``other pensionable service'' means years of
service giving rise to a superannuation or
pension benefit of a kind specified in the
regulations payable
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Contributions
not required
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(6) Notwithstanding anything in this Part,
no person shall, in respect of any period of
service of that person on or after December 15,
1994, make a contribution under this Part in
respect of any portion of that person's annual
rate of salary that is in excess of the annual rate
of salary that is fixed by or determined in the
manner prescribed by the regulations.
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118. (1) Clause 6(a)(ii)(A) of the Act is
replaced by the following:
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(2) Subparagraph 6(b)(ii) of the Act is
amended by striking out the word ``and'' at
the end of clause (K) and by adding the
following after clause (L):
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1992, c. 46,
s. 35
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119. Subsection 6.1(2) of the Act is
replaced by the following:
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Contributions
not required
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(2) Notwithstanding section 5, a contributor
who makes an election under subsection (1) is
not required to contribute to the
Superannuation Account or the Canadian
Forces Pension Fund under that section in
respect of the portion of the period to which
the election relates.
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120. (1) Paragraphs 7(1)(c) and (d) of the
Act are replaced by the following:
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