Public Service Superannuation Regulations

101 (1) A contributor may elect, while employed in the public service and once only under each of clauses 6(1)(b)(iii)(M) and (N) of the Act, to pay for a period of transfer value service or pension transfer agreement service for which they had not previously had an opportunity to elect to pay.

(2) The election shall be in writing and dated and signed by the contributor.

(3) The election shall be made,

• (a) in respect of a period of service for which payment of a transfer value was effected in accordance with subsection 13.01(2) of the Act and if the elector became a contributor most recently before the coming into force of this paragraph, no later than the first anniversary of the date of the written notice sent informing the contributor that they have become a contributor; or

• (b) in any other case, no later than the first anniversary of the day on which this paragraph comes into force or the date of the written notice informing the contributor that they have become a contributor, if it is after this day.

(4) The date of the election is the day on which it is delivered to the Minister or, if it is mailed, the day on which it is mailed and the postmark is evidence of that day.

(5) Subject to subsection (6), a contributor who elects to pay for only a portion of transfer value service or pension transfer agreement service may be credited with only the period that is most recent in point of time.

(6) If a contributor elects to pay for only a portion of transfer value service or pension transfer agreement service that consists of periods of full-time service and part-time service, the portion elected shall consist of full-time service and part-time service in the same proportions as those used in the determination of the transfer value or the payment made under a pension transfer agreement, based on those periods of service that are most recent in point of time.