Public Service Superannuation Regulations

83 (1) The following definitions apply in sections 84 to 99.

new employer

new employer means the employer of a person who has ceased to be employed in the public service upon the divestiture of the administration of a service by Her Majesty and who, being subject to regulations made under paragraph 42.1(1)(u) of the Act, is not entitled to a benefit or to exercise an option for a benefit under the Act until ceasing to be employed by that employer. (nouvel employeur)

pensionable age

pensionable age means, for Group 1 contributors, 60 years of age and for Group 2 contributors, 65 years of age. (âge ouvrant droit à pension)

transfer value service

transfer value service[Repealed, SOR/2016-203, s. 35]

valuation day

valuation day means

• (a) April 30, 1997, if a contributor exercised an option in favour of a transfer value on or after June 20, 1996 and before April 30, 1997; or

• (b) the day on which the transfer value referred to in section 13.01 of the Act is transferred, in any other case. (date d’évaluation)

(2) [Repealed, SOR/2024-201, s. 1]