Acts and Regulations

M-7.1 - Members’ Pension Act

Full text
Reduced supplementary allowance payable before age fifty-five
24(1)Despite section 23, a person referred to in subsection 22(1) who elects to receive a reduced supplementary allowance under subsection 22(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 reduced supplementary allowance to which he or she is entitled under subsection 22(1), a reduced supplementary allowance in an amount calculated in accordance with section 23, reduced by 5/12 of 1% for each month by which the commencement date of the reduced supplementary allowance precedes that person’s fifty-fifth birthday.
24(2)Despite section 23, a person referred to in subsection 22(1.1) who elects to receive a supplementary allowance under subsection 22(1.1) 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 supplementary allowance to which he or she is entitled under subsection 22(1.1), a reduced supplementary allowance in an amount calculated in accordance with section 23, reduced by 5/12 of 1% for each month by which the commencement date of the reduced supplementary allowance precedes that person’s fifty-fifth birthday.
24(3)A reduced supplementary allowance under subsection (1) or (2) is payable in lieu of a supplementary allowance under section 23 and a person who is deemed to have elected to receive a reduced supplementary allowance under subsection (1) or (2) is not entitled to a supplementary allowance under section 23 on attaining fifty-five years of age or at any later time.
2000, c.7, s.11; 2011, c.35, s.14
Reduced supplementary allowance payable before age fifty-five
24(1)Despite section 23, a person referred to in subsection 22(1) who elects to receive a reduced supplementary allowance under subsection 22(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 reduced supplementary allowance to which he or she is entitled under subsection 22(1), a reduced supplementary allowance in an amount calculated in accordance with section 23, reduced by 5/12 of 1% for each month by which the commencement date of the reduced supplementary allowance precedes that person’s fifty-fifth birthday.
24(2)Despite section 23, a person referred to in subsection 22(1.1) who elects to receive a supplementary allowance under subsection 22(1.1) 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 supplementary allowance to which he or she is entitled under subsection 22(1.1), a reduced supplementary allowance in an amount calculated in accordance with section 23, reduced by 5/12 of 1% for each month by which the commencement date of the reduced supplementary allowance precedes that person’s fifty-fifth birthday.
24(3)A reduced supplementary allowance under subsection (1) or (2) is payable in lieu of a supplementary allowance under section 23 and a person who is deemed to have elected to receive a reduced supplementary allowance under subsection (1) or (2) is not entitled to a supplementary allowance under section 23 on attaining fifty-five years of age or at any later time.
2000, c.7, s.11; 2011, c.35, s.14
Reduced supplementary allowance payable before age fifty-five
24(1)Notwithstanding section 23, a person referred to in subsection 22(1) who elects to receive a reduced supplementary allowance under that subsection 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 reduced supplementary allowance to which he or she is entitled under subsection 22(1), a reduced supplementary allowance in an amount calculated in accordance with section 23, reduced by five-twelfths of one per cent for each month by which the commencement date of the reduced supplementary allowance precedes that person’s fifty-fifth birthday.
24(2)A reduced supplementary allowance under subsection (1) is payable in lieu of a supplementary allowance under section 23 and a person who is deemed to have elected to receive a reduced supplementary allowance under subsection (1) is not entitled to a supplementary allowance under section 23 upon attaining fifty-five years of age or at any later time.
2000, c.7, s.11