Royal Canadian Mounted Police Superannuation Regulations
Version of section 17.5 from 2008-01-01 to 2012-08-31:
17.5 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, section 13 of the Act is adapted by adding the following after subsection (1):
(1.1) The basic allowance shall be equal to the aggregate of amounts calculated in accordance with the following formula for each segment of the contributor’s period of pensionable service during which the value for variable “C” changes:
A x B x C/D x 1%
where
- A
- is the number of years of the segment;
- B
- is 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, that pay being calculated, in respect of pensionable service credited to the contributor after December 15, 1994, without taking into account that part of the annual rate of pay that exceeds the amount determined in accordance with section 8.1 of the Royal Canadian Mounted Police Superannuation Regulations;
- 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.
(1.2) For the purposes of variable “B” in subsection (1.1), the pay of the contributor shall be determined in accordance with section 17.3 of the Royal Canadian Mounted Police Superannuation Regulations.
- SOR/2006-134, s. 5
- SOR/2007-283, s. 4
- Date modified: