Marginal note:Amount of maximum pensionable earnings
17 The amount of the maximum pensionable earnings of a person for a year is the amount of the Year’s Maximum Pensionable Earnings except that, for a year in which he reaches eighteen or seventy years of age or dies, in which a retirement pension becomes payable to him under this Act or under a provincial pension plan, in which his contributory period ends under this Act or under a provincial pension plan by reason of disability or in which a disability pension ceases to be payable to him under this Act or under a provincial pension plan, the amount of his maximum pensionable earnings is an amount equal to that proportion of the amount of the Year’s Maximum Pensionable Earnings that the number of months in the year
(a) after
(i) he reaches eighteen years of age, or
(ii) the disability pension ceases to be payable, or
(b) before
(i) he reaches seventy years of age,
(ii) the retirement pension becomes payable,
(iii) he dies, or
(iv) the month following the month in which his contributory period ends under this Act or under a provincial pension plan by reason of disability,
including, where he dies, the month in which he dies, is of twelve.
- R.S., 1985, c. C-8, s. 17
- R.S., 1985, c. 30 (2nd Supp.), s. 9
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