(b)Â the duties or conditions of employment of a person employed in the Public Service have altered. (2)Â The naming of a beneficiary or the substitution of a named beneficiary by a participant pursuant to subsectionÂ (1) shall be evidenced in writing in the form set out in ScheduleÂ V and the form shall be dated, witnessed and forwarded to the Minister. If that amount is not a multiple of $1,000, your benefit coverage is adjusted to the next highest multiple of $1,000. A naming takes effect the date this form is completed; however, this form must be received by the Government of Canada Pension Centre prior to your death. (b)Â to have been in receipt of such salary as he would have received had he in fact been engaged on a full-time basis during such period or year. There is an application form for this benefit, but we can help you complete that form. shall be paid by sending them to the Minister annually, quarterly or in a lump sum in advance, at the option of the participant. (3)Â The reduction referred to in subsectionÂ (2) is effective on the earlier of AprilÂ 1st or OctoberÂ 1st after the day on which the participant attains 65Â years of age. The amount of this benefit is adjusted annually according to the cost of living. (a)Â in the case of a participant other than a participant described in paragraphsÂ (b) to (e), on the day following the last day for which he received pay in respect of his employment in the Public Service; (b)Â in the case of a participant who dies, on the day following the day of his death; (c)Â in the case of a participant who is on authorized leave of absence without pay, on the earlier of, (i)Â the day following the day on which his deputy head advises the Minister in writing that the employee ceased to be employed in the Public Service, and. (c)Â the rates of divorce shall be those established by the Superintendent of Financial Institutions in accordance with statistics on divorce published by Statistics Canada. VAC to receive services. (2)Â If the person making the request has failed to provide sufficient information to enable the Minister to reconsider the decision, the Minister may request additional information. 26Â (1)Â Subject to the provisions of this section, a participant may, for the purposes of PartÂ II of the Act, name a beneficiary under Part II of the Act or substitute a new named beneficiary. (1.1) and (2)Â [Repealed, SOR/99-378, s. 3], (2.1)Â Subject to sectionÂ 12, a participant referred to in subsectionÂ (1) shall pay, (a)Â the first contribution on or before the thirtieth day after the day on which the participant ceased or ceases to be employed in the Public Service; and. The Canadian Forces Superannuation Act (CFSA) and associated regulations set out pension arrangements for Canadian Armed Forces (CAF) members and their dependants including the payment of benefits, indexing of annuities and supplementary death benefits. 20Â Subject to sectionsÂ 21 and 22, a participant, other than an elective participant, shall be deemed to have ceased to be employed in the Public Service. Upon your death, your named beneficiary may become entitled to certain lump sum benefits which are payable under Part I of the Canadian Forces superannuation Act. under 25 years of age and attending school, or an adult but physically or mentally incapacitated and prevented from earning a living. 68Â (1)Â For the purposes of sections 66 and 67, the following are the only demographic assumptions on which the actuarial values are to be based: (a)Â the rate of mortality for any contributor is the average of the rates of mortality for contributors who receive benefits in relation to a disability and contributors who receive benefits not in relation to a disability, of the same age group as the contributor, as set out in the actuarial valuation report laid before Parliament in accordance with section 56 of the Act, taking into account the mortality projection factors set out in that report, which average is weighted in accordance with the benefits paid to contributors in relation to a disability and to contributors other than in relation to a disability, where, (i)Â the rates of mortality for contributors who receive benefits in relation to a disability are the weighted averages of the rates for disabled officers and disabled non-commissioned members, for all ages as set out in the report, where the weighting is in accordance with the aggregate pay of officers and non-commissioned members in continuing, full-time military service, and. 25Â (1)Â Every election made by a person pursuant to sectionÂ 51 of the Act shall be made by him in writing, in the form prescribed by the Minister and signed by the person making the election, and the original thereof shall be sent or delivered to the Minister within the time prescribed by sectionÂ 51 of the Act for the making of such an election. Supplementary Death Benefit Regulations. Purpose. If you are registered for My VAC Account, you can submit your application for this benefit online.
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