Royal Canadian Mounted Police Superannuation Regulations
17.2 In respect of a contributor who has been a part-time member or a part-time employee during the contributor’s period of pensionable service, subsections 10(1) to (3) of the Act are adapted as follows:
10 (1) The annuity of a contributor who has been a part-time member or part-time employee during the contributor’s period of pensionable service — not exceeding 35 years — shall be equal to the aggregate of amounts calculated in accordance with the following formula for each segment of the period during which the value for variable “C” changes:
A/50 x B x C/D
where
- A
- is the number of years in the segment;
- B
- is
(a) in respect of pensionable service credited to the contributor before December 16, 1994, the average annual pay during any period selected by or on behalf of the contributor consisting of consecutive periods of pensionable service totalling five years or those years of pensionable service that the contributor has if the contributor has less, and
(b) in respect of pensionable service credited to the contributor after December 15, 1994, the lesser of
(i) the average annual pay referred to in paragraph (a), and
(ii) the amount determined under section 8.1 of the Royal Canadian Mounted Police Superannuation Regulations as it read on the day on which the contributor most recently ceased to be a member of the Force;
- C
- is the weekly average of the hours of work, determined in accordance with section 5.3 of those Regulations, for which the contributor was engaged during the segment; and
- D
- is the normal number of hours of work per week for full-time members.
(2) In respect of a contributor who has been a part-time member or a part-time employee during the contributor’s period of pensionable service, there shall be a deduction from the amount of the annuity, if the contributor has reached the age of 65 years or has become entitled to a disability pension under the Canada Pension Plan or a provincial pension plan, determined in accordance with the following formula for each segment of the period during which the value of variable “C” changes:
0.007 x A x B x C/D
where
- A
- is the lesser of the number of years, credited to the contributor, in the segment after 1965 or after the contributor has attained the age of 18 years;
- B
- is the lesser of
(a) the average annual pay referred to in paragraph (a) of variable “B” in subsection (1), and
(b) the average of the Year’s Maximum Pensionable Earnings, within the meaning of the Canada Pension Plan, for five years consisting of the year in which the contributor most recently ceased to be a member of the Force and the four preceding years;
- C
- is the weekly average of the hours of work, determined in accordance with section 5.3 of the Royal Canadian Mounted Police Superannuation Regulations, for which the contributor was engaged during the segment; and
- D
- is the normal number of hours of work per week for full-time members.
- SOR/2006-134, s. 5
- Date modified: