Acts and Regulations

M-7.1 - Members’ Pension Act

Full text
Reinstatement of pensionable service
6(1)A member who has ceased to be a member, has received a return of contributions and again becomes a member may elect, within one year after again becoming a member, to reinstate the pensionable service in respect of which the member received the return of contributions if the member agrees to pay an amount equal to that return of contributions together with interest from the time of payment of the return of contributions until the time of the election.
6(2)When a member who has ceased to be a member and is entitled to an annual pension again becomes a member, the member’s entitlement to the annual pension shall cease and the pensionable service in respect of which the annual pension was authorized shall be added to the member’s pensionable service as a member.
6(3)A member who has ceased to be a member, has received a return of contributions under the Members Superannuation Act and again becomes a member may elect, within one year after again becoming a member, to reinstate the pensionable service in respect of which the member received the return of contributions, if the member agrees to pay an amount equal to that return of contributions together with interest from the time of payment of the return of contributions until the time of the election.
6(4)When a member who has ceased to be a member and is entitled to an annual pension under the Members Superannuation Act again becomes a member, the member’s entitlement to the annual pension under the Members Superannuation Act shall cease and the pensionable service in respect of which the annual pension was authorized shall be added to the member’s pensionable service as a member under this Act.
2000, c.7, s.3; 2001, c.5, s.1
Reinstatement of pensionable service
6(1)A member who has ceased to be a member, has received a return of contributions and again becomes a member may elect, within one year after again becoming a member, to reinstate the pensionable service in respect of which the member received the return of contributions if the member agrees to pay an amount equal to that return of contributions together with interest from the time of payment of the return of contributions until the time of the election.
6(2)When a member who has ceased to be a member and is entitled to an annual pension again becomes a member, the member’s entitlement to the annual pension shall cease and the pensionable service in respect of which the annual pension was authorized shall be added to the member’s pensionable service as a member.
6(3)A member who has ceased to be a member, has received a return of contributions under the Members Superannuation Act and again becomes a member may elect, within one year after again becoming a member, to reinstate the pensionable service in respect of which the member received the return of contributions, if the member agrees to pay an amount equal to that return of contributions together with interest from the time of payment of the return of contributions until the time of the election.
6(4)When a member who has ceased to be a member and is entitled to an annual pension under the Members Superannuation Act again becomes a member, the member’s entitlement to the annual pension under the Members Superannuation Act shall cease and the pensionable service in respect of which the annual pension was authorized shall be added to the member’s pensionable service as a member under this Act.
2000, c.7, s.3; 2001, c.5, s.1