Bill C-560: An Act to amend the Canada Pension Plan and the Old Age Security Act (biweekly payment of benefits)

C-560 Second Session, Thirty-ninth Parliament, 56-57 Elizabeth II, 2007-2008 HOUSE OF COMMONS OF CANADA BILL C-560 An Act to amend the Canada Pension Plan and the Old Age Security Act (biweekly payment of benefits) first reading, June 10, 2008 Mr. Valley 39216 SOMMARY This enactment amends the Canada Pension Plan and the Old Age Security Act to provide that any benefits that are required to be paid on a periodic basis under those Acts shall be paid on a biweekly basis. Also available on the Parliament of Canada Web Site at the following address:http://www.parl.gc.ca .vis1 {position: absolute;display:block;} .vis2 {position: static;} 2nd Session, 39th Parliament, 56-57 Elizabeth II, 2007-2008 house of commons of canada BILL C-560 An Act to amend the Canada Pension Plan and the Old Age Security Act (biweekly payment of benefits) Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: R.S., c. C-8 CANADA PENSION PLAN 1. The Canada Pension Plan is amended by adding the following after section 66.1: Payment of benefits 66.2 Notwithstanding any other provision of this Act, any benefits that are required to be paid on a periodic basis under this Act shall be paid on a biweekly basis. R.S., c. O-9 OLD AGE SECURITY ACT 2. The Old Age Security Act is amended by adding the following after section 37: Payment of benefits 37.1 Notwithstanding any other provision of this Act, any benefits that are required to be paid on a periodic basis under this Act shall be paid on a biweekly basis. Published under authority of the Speaker of the House of CommonsAvailable from:Publishing and Depository ServicesPublic Works and Government Services Canada