Acts and Regulations

M-7.1 - Members’ Pension Act

Section 11
Disposition versions

Full text
Minister’s pension
11(1)In this section
“average salary” means the average annual salary received by a minister during the three successive years during which his or her salary was highest, or, in the case of a minister having fewer than three years of pensionable service as a minister, the average annual salary received by him or her as a minister.(traitement moyen)
11(2)A person who is receiving or is entitled to receive an annual pension under subsection 10(1) and has to his or her credit at least six months of pensionable service as a minister is entitled, in addition to the annual pension, to a minister’s pension in the amount determined under subsection (3).
11(3)The amount of the minister’s pension payable to a person under subsection (2) shall be determined by multiplying two per cent of the person’s average salary as a minister by the number of years of pensionable service to his or her credit as a minister.
11(4)Despite subsection (2), a person who elects, in accordance with subsection 10(3) or (3.1), to receive an annual pension under subsection 10(3) or (3.1) and who has to his or her credit at least six months of pensionable service as a minister shall be deemed to have elected to receive, in addition to the annual pension, a minister’s pension in the amount determined under subsection (5).
11(5)The amount of the minister’s pension payable to a person under subsection (4) shall be the amount that would be payable under subsection (2) if the minister’s pension had not commenced until the person had attained sixty years of age, reduced by five-twelfths of one per cent for each month by which the commencement date of the minister’s pension precedes the person’s sixtieth birthday.
11(6)A minister’s pension under subsection (4) is payable in lieu of a minister’s pension under subsection (2) and a person deemed to have elected to receive a minister’s pension under subsection (4) is not entitled to a minister’s pension under subsection (2) upon attaining sixty years of age or at any later time.
2011, c.35, s.4
Minister’s pension
11(1)In this section
“average salary” means the average annual salary received by a minister during the three successive years during which his or her salary was highest, or, in the case of a minister having fewer than three years of pensionable service as a minister, the average annual salary received by him or her as a minister.
11(2)A person who is receiving or is entitled to receive an annual pension under subsection 10(1) and has to his or her credit at least six months of pensionable service as a minister is entitled, in addition to the annual pension, to a minister’s pension in the amount determined under subsection (3).
11(3)The amount of the minister’s pension payable to a person under subsection (2) shall be determined by multiplying two per cent of the person’s average salary as a minister by the number of years of pensionable service to his or her credit as a minister.
11(4)Despite subsection (2), a person who elects, in accordance with subsection 10(3) or (3.1), to receive an annual pension under subsection 10(3) or (3.1) and who has to his or her credit at least six months of pensionable service as a minister shall be deemed to have elected to receive, in addition to the annual pension, a minister’s pension in the amount determined under subsection (5).
11(5)The amount of the minister’s pension payable to a person under subsection (4) shall be the amount that would be payable under subsection (2) if the minister’s pension had not commenced until the person had attained sixty years of age, reduced by five-twelfths of one per cent for each month by which the commencement date of the minister’s pension precedes the person’s sixtieth birthday.
11(6)A minister’s pension under subsection (4) is payable in lieu of a minister’s pension under subsection (2) and a person deemed to have elected to receive a minister’s pension under subsection (4) is not entitled to a minister’s pension under subsection (2) upon attaining sixty years of age or at any later time.
2011, c.35, s.4
Minister’s pension
11(1)In this section
“average salary” means the average annual salary received by a minister during the three successive years during which his or her salary was highest, or, in the case of a minister having fewer than three years of pensionable service as a minister, the average annual salary received by him or her as a minister.
11(2)A person who is receiving or is entitled to receive an annual pension under subsection 10(1) and has to his or her credit at least six months of pensionable service as a minister is entitled, in addition to the annual pension, to a minister’s pension in the amount determined under subsection (3).
11(3)The amount of the minister’s pension payable to a person under subsection (2) shall be determined by multiplying two per cent of the person’s average salary as a minister by the number of years of pensionable service to his or her credit as a minister.
11(4)Notwithstanding subsection (2), a person who elects, in accordance with subsection 10(3), to receive an annual pension under subsection 10(3) and who has to his or her credit at least six months of pensionable service as a minister shall be deemed to have elected to receive, in addition to the annual pension, a minister’s pension in the amount determined under subsection (5).
11(5)The amount of the minister’s pension payable to a person under subsection (4) shall be the amount that would be payable under subsection (2) if the minister’s pension had not commenced until the person had attained sixty years of age, reduced by five-twelfths of one per cent for each month by which the commencement date of the minister’s pension precedes the person’s sixtieth birthday.
11(6)A minister’s pension under subsection (4) is payable in lieu of a minister’s pension under subsection (2) and a person deemed to have elected to receive a minister’s pension under subsection (4) is not entitled to a minister’s pension under subsection (2) upon attaining sixty years of age or at any later time.