Lieutenant Governors Superannuation Act (R.S.C., 1985, c. L-8)

Payments

Marginal note:Payments out of C.R.F.

• 10 (1) The pensions and returns of contributions payable under this Act shall be paid out of the Consolidated Revenue Fund.

• Marginal note:Payment of pension

  (2) Where a pension becomes payable under this Act, it shall

  • (a) be paid in equal monthly instalments in arrears;

  • (b) subject to paragraph (c), be paid pro rata for any period of less than a month; and

  • (c) continue, subject to this Act, during the lifetime of the recipient and thereafter until the end of the month in which the recipient dies.

Regulations

Marginal note:Regulations

11 The Governor in Council may make regulations

• (a) prescribing the terms on which a contributor may pay for any period of service in instalments and the method of determining

  • (i) the amounts to be reserved from any amount payable to a contributor by Her Majesty in right of Canada, including any pension payable to him under this Act, and

  • (ii) the amounts to be recovered from any pension payable to the survivor of a contributor under this Act

  in respect of unpaid instalments;

• (b) prescribing the medical examination to be required to determine whether a contributor is disabled;

• (c) prescribing forms for the purposes of this Act; and

• (d) respecting the election that may be made under section 8.1, including regulations respecting

  • (i) the time, manner and circumstances in which an election may be made, revoked or deemed to have been revoked;

  • (ii) the reduction to be made in the amount of a former Lieutenant Governor’s pension when an election is made;

  • (iii) the amount of the pension to be paid under subsection 8.1(2); and

  • (iv) any other matter that the Governor in Council considers necessary for carrying out the purposes and provisions of section 8.1.

PART IISupplementary Retirement Benefits Contributions

Marginal note:Definition of “Supplementary Retirement Benefits Account”

12 In this Part, Supplementary Retirement Benefits Account means the Account established in the accounts of Canada pursuant to the Supplementary Retirement Benefits Act.

Marginal note:Contributions

13 Every contributor, except a contributor who has ceased to hold office as the lieutenant governor of a province, is required to contribute to the Supplementary Retirement Benefits Account, by reservation from his salary,

• (a) prior to 1977, an amount equal to one-half of one per cent of his salary; and

• (b) commencing with the month of January, 1977, an amount equal to one per cent of his salary.

Marginal note:Income Tax Act

14 For the purposes of the Income Tax Act, the amount contributed by a contributor pursuant to section 13 shall be deemed to be contributed to or under a registered pension plan.

Marginal note:Amount to be credited to S.R.B. Account

15 Where any amount is paid into the Supplementary Retirement Benefits Account pursuant to section 13, an amount equal to the amount so paid shall be credited to that Account.