Canadian Forces Superannuation Regulations
16.5 If the pensionable service of a contributor in a calendar year includes a period that relates to earnings in respect of which a past earnings election has been made or is a period in respect of which the contributor has made an election under clauses 6(b)(ii)(G) and (H) of the Act, as adapted by subsection 12.2(2), the amount of pay received by the contributor in respect of that period, for the purpose of calculating the average annual pay referred to in paragraph 15(1)(a) of the Act, is the amount that would be calculated as the updated pensionable earnings of a participant under subsection 37(2) of the Reserve Force Pension Plan Regulations for the calendar year if
(a) the participant’s pensionable earnings for the calendar year was the contributor’s pay for that period; and
(b) the year that the participant most recently ceased to be a participant was the year in which the election is made, or 2007 if the contributor has remained a participant or a member of the regular force from March 1, 2007 to the day of the election.
- SOR/2007-33, s. 9
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