Pension Benefits Division Regulations — 2
on includes a pension, an annual allowance or an annuity payable under a pension plan; ( pension ) recipient , in respect of a member, means that the member is (a) a recipient as defined in (i) section 74 of the Canadian Forces Superannuation Act , (ii) section 35 of the Royal Canadian Mounted Police Superannuation Act , (iii) section 64 of the Public Service Superannuation Act , or (iv) section 2 of the Supplementary Retirement Benefits Act , or (b) a member receiving supplementary benefits under Part IV of the Members of Parliament Retiring Allowances Act ; ( prestataire ) reduction means the amount equal to the product of the division factor and the lesser of (a) the division annuity, and (b) the retirement annuity; ( réduction ) reduction adjustment means the amount equal to the product of the division factor and the retirement annuity deduction; ( réduction révisée ) retirement annuity means the amount equal to the product of (a) the amount of the member’s annuity on termination day, and (b) the ratio of the number of years of pensionable service to the credit of the member under the member’s pension plan accrued during the period subject to division to the total number of years of pensionable service to the credit of the member under the member’s pension plan on termination day; ( rente de retraite ) retirement annuity deduction means the amount equal to the product of (a) the amount of the CPP deduction, and (b) the ratio of the number of years of pensionable service after 1965 to the credit of the member under the member’s pension plan accrued during the period subject to division to the total number of years of pensionable service after 1965 to the credit of the member under the member’s pension plan on termination day; ( déduction de la rente de retraite ) return of contributions , with respect to a member of a pension plan provided under (a) the Public Service Superannuation Act , has the same meaning as in subsection 10(1) of that Act, (b) the Canadian Forces Superannuation Act , has the same meaning as in section 10 of that Act, (c) the Royal Canadian Mounted Police Superannuation Act , has the same meaning as in subsection 9(1) of that Act, (d) the Members of Parliament Retiring Allowances Act , means a withdrawal allowance determined in accordance with section 18 or 38 of that Act, (e) the Diplomatic Service (Special) Superannuation Act , means a return of contributions referred to in subsection 5(8) of that Act, and (f) the Lieutenant Governors Superannuation Act , means a return of contributions referred to in subsection 3(4) of that Act; ( remboursement de cotisations ) separation day means the day following the last day of the period subject to division; ( date de séparation ) termination day means the day a member ceases to be employed; ( date de cessation d’emploi ) valuation day means the day in respect of which the determination of the value of a member’s pension benefits is made pursuant to these Regulations; ( date d’évaluation ) vested , [Repealed, SOR/2003-408, s. 1] (2) For the purposes of these Regulations, a member’s pension plan is the plan in respect of which an application for a division or a request for information has been made. (3) For the purposes of these Regulations, pensionable service to the credit of a member under the member’s pension plan accrued during the period subject to division includes (a) all pensionable service that is current service during the period subject to division, less any period of absence on leave without pay; (b) any period of elective service, other than a period described in paragraph (e), to the credit of the member at separation day in the proportion that the contributions in respect of the elective service paid by or on behalf of the member during the period subject to division bears to the total amount of the contributions required to be paid for that elective service; (c) any period of service during which the member was absent on leave without pay in the