Bill C-261: An Act to amend the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act (increase of allowance for survivors and children)

Canadian Forces Superannuation Act Royal Canadian Mounted Police Superannuation Act First Session, Forty-second Parliament, 64-65 Elizabeth II, 2015-2016 HOUSE OF COMMONS OF CANADA BILL C-261 An Act to amend the Canadian Forces Super-annuation Act and the Royal Canadian Mounted Police Superannuation Act (increase of allowance for survivors and children) FIRST READING, APRIL 14, 2016 Ms. Mathyssen 421128 SUMMARY The purpose of this enactment is to increase the allowance given to the survivors and children of Canadian Forces or Royal Canadian Mounted Police contributors from 50% to 70% of the contributor’s annuity or allowance. Available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 42nd Parliament, 64-65 Elizabeth II, 2015-2016 HOUSE OF COMMONS OF CANADA BILL C-261 An Act to amend the Canadian Forces Super-annuation Act and the Royal Canadian Mounted Police Superannuation Act (increase of allowance for survivors and children) 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-17 Canadian Forces Superannuation Act 1 The portion of subsection 25(1) of the Canadian Forces Superannuation Act before paragraph (a) is replaced by the following: Benefits payable on death of retired member 25 (1) On the death of a contributor who, at the time of the contributor’s death, was entitled under this Part to an annuity or an annual allowance, the survivor and children of the contributor are entitled to the following allowances, computed on the basis of the product obtained by multiplying the average annual pay received by the contributor during the period specified in subparagraph 15(1)‍(a)‍(ii) by the number of years of pensionable service to the contributor’s credit, one seventieth of the product so obtained being referred to in this section as the “basic allowance”: R.‍S.‍, c. R-11 Royal Canadian Mounted Police Superannuation Act 2 The portion of subsection 13(1) of the Royal Canadian Mounted Police Superannuation Act before paragraph (a) is replaced by the following: Benefits payable on death 13 (1) On the death of a contributor who, at the time of the contributor’s death, was entitled under this Part to an annuity or annual allowance, the survivor and children of the contributor are entitled to the following allowances, computed on the basis of the product obtained by multiplying the average annual pay received by the contributor during the period specified in subparagraph 10(1)‍(a)‍(ii), by the number of years of pensionable service to the contributor’s credit, one seventieth of the product so obtained being hereinafter referred to as the “basic allowance”: Published under authority of the Speaker of the House of Commons