Acts and Regulations

M-7.1 - Members’ Pension Act

Full text
Maximum benefit payable
12Notwithstanding sections 10 and 11, the total amount of the annual pension and, where applicable, the minister’s pension, payable in any year to a person under this Part, in respect of pensionable service after December 31, 1991, shall not exceed, in relation to each session of pensionable service to his or her credit, an amount equal to $1,722.22 as established by the Income Tax Act (Canada), or such other amount that is established as the defined benefit limit under that Act in its stead, for the calendar year in which the pension commences.
Maximum benefit payable
12Notwithstanding sections 10 and 11, the total amount of the annual pension and, where applicable, the minister’s pension, payable in any year to a person under this Part, in respect of pensionable service after December 31, 1991, shall not exceed, in relation to each session of pensionable service to his or her credit, an amount equal to $1,722.22 as established by the Income Tax Act (Canada), or such other amount that is established as the defined benefit limit under that Act in its stead, for the calendar year in which the pension commences.