Royal Canadian Mounted Police Superannuation Regulations
13 (1) An election made by a contributor under the Act to pay for a period of service may, with the consent of the Minister, be revoked by the contributor in whole or in part
(a) as to payments made and to be made for the period of service mentioned in the election, if the contributor received erroneous information, or misleading information in writing from a member of the Force or a person employed in the Public Service who normally gives information as to the amount required to be paid under the Act for service, and the contributor in making the election honestly acted upon that erroneous or misleading information; or
(b) as to payments to be made for the period of service mentioned in the election, if undue financial hardship, that was unforeseen by the contributor at the time he made the election, may be caused to him if he is required to continue to pay for that period of service.
(2) A contributor who revokes an election under subsection (1) shall pay to Her Majesty an amount in respect of any benefit accruing to him during the subsistance of the election, as a consequence of his having elected, as the Minister determines in accordance with Canadian Life Table No. 2 (1941) Males or Females, as the case may be, together with interest at the rate of four per cent per annum.
(3) Any amount required to be paid by a contributor under subsection (2) may be recovered on behalf of Her Majesty as a debt due to the Crown from any benefit payable under the Act to or in respect of the contributor, without prejudice to any other recourse available to Her Majesty with respect to the recovery thereof.
(4) Where a contributor who revokes an election under subsection (1) has paid any amount pursuant to the election, the amount so paid shall be applied, firstly, in payment of the amount required to be paid by the contributor under subsection (2), and the remainder of the amount, if any, shall be applied as follows:
(a) if the contributor has revoked the election in whole under paragraph (1)(a), the remainder of the amount shall be refunded to him; and
(b) in any other case, the remainder of the amount shall be applied towards the purchase of that portion of the period of service mentioned in the election that has not been revoked, calculated in accordance with the provisions of the Act under which the election was made, and if any of the said amount remains thereafter, it shall be refunded to the contributor.
(5) Where a contributor revokes an election under subsection (1) and further payments are required to be made by him, he shall make those payments in such amount and in such manner as the Minister determines and such payments shall be applied, firstly, in payment of the amount required to be paid by the contributor under subsection (2) if that amount has not already been paid, and the remainder of such payments, if any, shall be applied towards the purchase of that portion of the period of service (as determined by the Minister) mentioned in the election that has not been revoked, calculated in accordance with the provisions of the Act under which the election was made.
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