Designated Employees Pension Protection Regulations

Link to law: http://laws-lois.justice.gc.ca/eng/regulations/SOR-93-306/FullText.html

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Designated Employees Pension Protection Regulations

SOR/93-306AIRPORT TRANSFER (MISCELLANEOUS MATTERS) ACT
Registration 1993-06-08
Regulations Respecting Pension Protection for Designated Employees
P.C. 1993-1216 1993-06-08His Excellency the Governor General in Council, on the recommendation of the President of the Treasury Board, pursuant to subsections 5(3) and (4) of the Airport Transfer (Miscellaneous Matters) ActFootnote *, is pleased hereby to make the annexed Regulations respecting pension protection for designated employees.
Return to footnote *S.C. 1992, c. 5Short Title

1 These Regulations may be cited as the Designated Employees Pension Protection Regulations.

Applicable Enactments

2 Subject to sections 3 and 4, the Public Service Superannuation Act and the regulations made under that Act apply to a person who makes an election under paragraph 5(1)(e) of the Airport Transfer (Miscellaneous Matters) Act.

3 Subsections 12(4), (6) and (7) and 13(2) and (3) of the Public Service Superannuation Act do not apply in respect of

(a) a surviving spouse of a designated employee for an airport who became the spouse of that employee on or after the transfer date for that airport, unless the designated employee had again become a contributor under the Public Service Superannuation Act; or
(b) a child of a designated employee for an airport who was conceived by, adopted by, or became the stepchild of, a designated employee on or after the transfer date for the airport, unless the designated employee had again become a contributor under the Public Service Superannuation Act.

Adapted Provisions

4 For the purposes of section 5 of the Airport Transfer (Miscellaneous Matters) Act,

(a) in subparagraphs 10(9)(b)(i) and (ii) of the Public Service Superannuation Act, the year in which a person ceased to be employed in the Public Service is the year in which the person ceased to be employed by a designated airport authority;

(b) in subsections 12(1) to (3) and (6) to (8) and section 13 of the Public Service Superannuation Act,

(i) the number of years of pensionable service and the number of years of service of a designated employee for an airport includes any period of service with a designated airport authority during the period beginning on the transfer date for the airport and ending on the day preceding the day on which the person ceases to be employed by the designated airport authority, and
(ii) the day on which a person ceases to be employed in the Public Service is the day on which that person ceases to be employed by a designated airport authority; and

(c) in subsection 69(3) of the Public Service Superannuation Act, the retirement year or retirement month of a person who is a designated employee for an airport is the year or month, as the case may be, in which the transfer date for the airport occurs.

Coming into Force

5 These Regulations shall be deemed to have come into force on July 1, 1992.