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Royal Canadian Mounted Police Superannuation Regulations

Version of section 46 from 2013-06-07 to 2024-03-20:

  •  (1) A contributor who has made an election may revise the level of reduction where

    • (a) the contributor, before making the election, received, from an authorized advisor who normally gives information about these matters, materially erroneous or misleading information regarding the amount of the reduction of the contributor’s annuity or annual allowance or the amount of the immediate annual allowance to which the spouse would be entitled; or

    • (b) the amount of the annuity or annual allowance that is payable to the contributor is adjusted in accordance with the Pension Benefits Division Act after the day on which the election was made.

  • (2) A contributor may revoke an election where

    • (a) the contributor, prior to making the election, received materially erroneous or misleading information referred to in paragraph (1)(a); or

    • (b) the amount of the annuity or annual allowance that is payable to the contributor is adjusted in accordance with the Pension Benefits Division Act after the day on which the election was made.

  • (3) The revision of the level of reduction shall be in writing.

  • (4) The revision is valid only if it is sent to the Minister, or to a person designated by the Minister,

    • (a) within three months after the day on which a written notice containing the corrected information is sent to the contributor; or

    • (b) within three months after the day on which the pension is adjusted in accordance with the Pension Benefits Division Act.

  • (5) A revision of the level of reduction is effective on the day on which it is sent.

  • (6) The day of the sending of the revision is the day on which it is delivered or, if it is sent by mail, the day on which it is mailed and the postmark is evidence of that day.

  • SOR/94-347, s. 1
  • SOR/98-531, s. 6
  • SOR/2012-124, s. 18
  • SOR/2013-125, s. 43

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