Marginal note:Agreements with provinces
80 (1) Notwithstanding section 77, the Minister, with the approval of the Governor in Council, may on behalf of the Government of Canada enter into an agreement with the appropriate authority of a province providing a comprehensive pension plan to provide for the administration and coordination of this Act and the provincial pension plan in respect of persons who are contributors under this Act or the provincial plan or both, including, without limiting the generality of the foregoing,
(a) the determination and payment of any benefit, or portion thereof, payable under this Act or under the provincial pension plan;
(b) the determination, processing and approval of divisions of unadjusted pensionable earnings under this Act and under the provincial pension plan;
(c) the determination, processing and approval of applications for assignments, under this Act or under the provincial pension plan, of a retirement pension to the spouse or common-law partner of a contributor;
(d) the exchange of such information obtained under this Act or under the provincial pension plan as is necessary to give effect to the agreement; and
(e) the payment under this Act in accordance with the agreement of the whole amount of any benefit payable to or in respect of a contributor, calculated as provided in this Part without regard to section 77, in which case the whole amount of that benefit shall be deemed to be payable under this Act to or in respect of that contributor.
Marginal note:Saving
(2) Where, in accordance with any agreement entered into under subsection (1), the whole amount of any benefit payable to or in respect of a contributor, calculated in a manner similar to that described in paragraph (1)(e), is payable under the provincial pension plan referred to in that subsection, the whole amount of that benefit shall be deemed to be payable under the provincial pension plan to or in respect of that contributor.
Marginal note:Provision for making of financial adjustments
(3) Any agreement entered into under subsection (1) may provide therein for the making of any financial adjustments required to be made by reason of any payments made to or in respect of a contributor in accordance with that agreement, and for the crediting or charging of the amount of those adjustments to the Canada Pension Plan Account.
- R.S., 1985, c. C-8, s. 80
- R.S., 1985, c. 30 (2nd Supp.), s. 44
- 2000, c. 12, s. 58
- Date modified: