Reserve Force Pension Plan Regulations

Marginal note:When entitled to elect

• 12 (1) A participant may make a past earnings election no earlier than two years after the day on which the participant became a participant.

• Marginal note:Former participant

  (2) If the participant had formerly been a participant, they may make the election as soon as they again become a participant.

• Marginal note:Participant since March 1, 2007

  (3) A participant, who becomes a participant on March 1, 2007 and remains a participant without interruption, may make the election beginning on the day after the first day, on or after March 1, 2007, in respect of which they are entitled to receive earnings but no earlier than the first day of the 25th month following the two periods referred to in paragraph 4(2)(a).

• Marginal note:Exception

  (4) A participant who has ceased to contribute to the Fund by virtue of paragraph 6(2)(b) is not entitled to make a past earnings election.