Royal Canadian Mounted Police (Dependants) Pension Fund Increase in Benefits Order (SOR/2017-61)

1 The following pension benefits, as provided in Part IV of the Royal Canadian Mounted Police Pension Continuation ActFootnote ¹, are to be increased in the following manner:

• Return to footnote ¹R.S.C. 1970, c. R-10

• (a) pensions for current and prospective widows are to be increased by 1.9% on April 1 in each of the 2017, 2018 and 2019 plan years;

• (b) lump sum benefits payable on the death of a former member who contributed to the plan and who is not survived by a widow are to be increased by 1.9% on April 1 in each of the 2017, 2018 and 2019 plan years; and

• (c) residual amounts payable on the death of a former member’s widow are to be calculated with a deemed increase in the former member’s contributions of

  • (i) 1,298% if the widow’s death occurs in the 2018 plan year,

  • (ii) 1,325% if the widow’s death occurs in the 2019 plan year, and

  • (iii) 1,352% if the widow’s death occurs in the 2020 plan year.

2 This Order comes into force on April 1, 2017 or, if it is registered after that day, it comes into force on the day on which it is registered.