Royal Canadian Mounted Police (Dependants) Pension Fund Increase in Benefits Order
1 The following pension benefits, as provided in Part IV of the Royal Canadian Mounted Police Pension Continuation Act R.S.C. 1970, c. R-10 shall be increased in the following manner:
(a) pensions for current and prospective widows and children shall be increased by 2% in each of the 2011, 2012 and 2013 plan years, as of April 1 of each plan year;
(b) lump sum benefits payable on the death of a member shall be increased by 2% in each of the 2011, 2012 and 2013 plan years, as of April 1 of each plan year; and
(c) residual amounts payable on the death of a widow of a member shall be calculated with a deemed increase in the member’s contributions, without crediting the contributions with interest, of
(i) 1,173% if the widow’s death occurs in the 2012 plan year,
(ii) 1,198% if the widow’s death occurs in the 2013 plan year, and
(iii) 1,224% if the widow’s death occurs in the 2014 plan year.
- SOR/2012-119, s. 1(F)
- Date modified: