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Public Service Superannuation Regulations

Version of section 55 from 2006-03-22 to 2007-05-17:

  •  (1) Subject to subsection (2), the amount required, pursuant to subsection 24.4(1) of the Act, to be contributed to the Superannuation Account by a person referred to in that subsection is an amount equal to 1.25 per cent of the person’s salary.

  • (2) A person referred to in subsection 24.4(1) of the Act who is absent on leave without pay shall contribute to the Superannuation Account, in addition to any amount payable pursuant to section 7,

    • (a) in respect of the first three months of the period of absence, the amount referred to in subsection (1); and

    • (b) in respect of any portion of the remainder of the period of absence in respect of which the person has not made an election under subsection 5.3(2) of the Act,

      • (i) where the person is absent in the circumstances set out in subsection 7(2) or (3), the amount referred to in subsection (1), and

      • (ii) in any other case, an amount equal to double the amount referred to in subsection (1).

  • SOR/94-259, s. 1

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