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Royal Canadian Mounted Police Superannuation Regulations

Version of section 17 from 2006-03-22 to 2012-08-31:

 Where a new option exercised by a contributor under section 14 results in the payment of an annuity or supplementary benefit and repayment pursuant to paragraph 15(c) would cause undue financial hardship to the contributor, the contributor may choose to make the repayment, in approximately equal monthly instalments, by reservation from the annuity or supplementary benefit payable pursuant to the new option of an amount not less than 10 per cent of the gross monthly amount of the annuity or supplementary benefit.

  • SOR/95-571, s. 4

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