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Retirement Compensation Arrangements Regulations, No. 1

Version of section 13 from 2016-06-17 to 2024-11-26:

  •  (1) A person referred to in paragraph 11(1)(d) of the Act becomes subject to the retirement compensation arrangement on the day on which the person ceases to be employed in the public service within the meaning of section 27 of the Public Service Superannuation Regulations.

  • (2) A person referred to in paragraph 11(1)(e) of the Act becomes subject to the retirement compensation arrangement on December 15, 1994.

  • (3) A participant shall contribute to the Retirement Compensation Arrangements Account until the day preceding the earliest of

    • (a) the day on which the participant attains the age of 60, if the participant is a group 1 contributor described in subsection 12(0.1) of the Public Service Superannuation Act, or the age of 65, if the participant is a group 2 contributor described in subsection 12.1(1) of that Act,

    • (b) the day of revocation of the participant’s election to become subject to the retirement compensation arrangement,

    • (c) the day the participant becomes re-employed in the public service and required to contribute to the Superannuation Account or Public Service Pension Fund under the Public Service Superannuation Act,

    • (d) the day the participant begins to receive an annuity or annual allowance under the Public Service Superannuation Act in respect of the participant’s periods of service under that Act,

    • (e) the expiration of the period specified in the participant’s election under paragraph 11(1)(d) of the Act or under section 14 of the Public Service Superannuation Act as that section read immediately before December 15, 1994,

    • (f) the day the participant elects to transfer his or her accrued pension benefits under the Public Service Superannuation Act to an eligible employer, and

    • (g) the day on which the participant dies.

  • SOR/97-252, s. 1
  • SOR/97-520, s. 2
  • SOR/2002-73, ss. 6, 33
  • SOR/2003-12, s. 1
  • SOR/2003-230, s. 3
  • SOR/2016-156, ss. 6, 11(E)

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