Former Members of Parliament Counting of Service Regulations

Marginal note:Amount to be paid

4 A contributor who was paid a withdrawal allowance under the Members of Parliament Retiring Allowances Act and who makes an election referred to in section 1 must pay the following amount to the Royal Canadian Mounted Police Pension Fund:

• (a) if they make the election within one year after the day on which they most recently became a contributor

  • (i) if the period in respect of which the withdrawal allowance was paid is before January 1, 2000, the amount that would have been payable under subsection 5(1) of the Act as it read on December 31, 1999,

  • (ii) if the period is after 1999 but before January 1, 2004, the amount that would have been payable under subsection 5(1) of the Act as it read on December 31, 2003,

  • (iii) if the period is after 2003 but before January 1, 2013, the amount that would have been payable under subsection 5(2) of the Act as it read on December 31, 2012, and

  • (iv) if the period is after 2012, the amount that would have been payable under subsection 5(1) of the Act; and

• (b) if they make the election more than one year after the day on which they most recently became a contributor, the amount that would have been payable if they had made the election within the time limit, together with interest, calculated on the annual rate of pay that they are deemed under subsection 3(2) to be receiving on the day on which the election is made.