Acts and Regulations

M-8 - Members Superannuation Act

Full text
Minimum pension
22.3(1)Despite section 22.1, the amount of annual pension to which a person who ceases to be a member on or after April 1, 2008, is entitled shall not be less than the amount of annual pension to which he or she would have been entitled if he or she had ceased to be a member before April 1, 2008, having the same period of pensionable service to his or her credit.
22.3(2)If there is a shortfall between the minimum amount of annual pension in subsection (1) and the annual pension to which a person is entitled, the shortfall shall be payable out of the Consolidated Fund.
2011, c.35, s.20
Minimum pension
22.3(1)Despite section 22.1, the amount of annual pension to which a person who ceases to be a member on or after April 1, 2008, is entitled shall not be less than the amount of annual pension to which he or she would have been entitled if he or she had ceased to be a member before April 1, 2008, having the same period of pensionable service to his or her credit.
22.3(2)If there is a shortfall between the minimum amount of annual pension in subsection (1) and the annual pension to which a person is entitled, the shortfall shall be payable out of the Consolidated Fund.
2011, c.35, s.20