Public Service Superannuation Regulations

30.6 (1) The monthly amount payable to a survivor or child of a deceased contributor under section 12, 12.1, 13 or 13.001 of the Act in respect of a period of pensionable service occurring after December 31, 1991 shall be reduced so that the aggregate of that amount and the benefits payable under Part III of the Act in respect of that amount does not exceed the maximum monthly amount of retirement benefits that may be paid to the beneficiary of a member, determined under paragraphs 8503(2)(d) to (f) of the Income Tax Regulations, as those paragraphs read on January 15, 1992.

(2) The aggregate of all monthly amounts payable to the survivor and children of a deceased contributor under section 12, 12.1, 13 or 13.001 of the Act in respect of a period of pensionable service occurring after December 31, 1991 shall be reduced so that the total of those amounts and the benefits payable under Part III of the Act in respect of those amounts does not exceed the maximum aggregate monthly amount of retirement benefits that may be paid to the beneficiaries of a member, determined under paragraph 8503(2)(d) or (e) of the Income Tax Regulations as those paragraphs read on January 15, 1992.

(3) The limits set out in subsection (1) and (2) apply to the monthly amounts payable in respect of a contributor who is required to contribute to the Superannuation Account or the Public Service Pension Fund on or after December 15, 1994 and who dies on or after November 20, 1997, being the date of the coming into force of paragraph 41.1(1)(a) of the Retirement Compensation Arrangement Regulations, No. 1.