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Royal Canadian Mounted Police Pension Continuation Regulations

Version of section 19 from 2013-06-07 to 2024-11-26:

  •  (1) For the purposes of section 17, the following are the only demographic assumptions on which the actuarial present values are to be based:

    • (a) the rate of mortality for any officer is that set out in the actuarial valuation report laid before Parliament in accordance with section 30 of the Royal Canadian Mounted Police Superannuation Act, taking into account the mortality projection factors set out in the report;

    • (b) the rates of mortality of surviving spouses are those set out for spouses in the actuarial valuation report laid before Parliament in accordance with section 45 of the Public Service Superannuation Act, taking into account the mortality projection factors set out in the report; and

    • (c) the rates of divorce shall be those established by the Superintendent of Financial Institutions in accordance with the most recent statistics on divorce published by Statistics Canada.

  • (2) For the purposes of subsection (1), the actuarial valuation reports referred to in that subsection are the most recent actuarial valuation reports, or, where the most recent actuarial valuation reports were tabled less than two months before the day on which the officer made an election, the previously tabled reports.

  • SOR/94-348, s. 1
  • SOR/2013-125, s. 8

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