Canada Pension Plan — C-8 56
Amount of disability pension 56 (1) A disability pension payable to a contributor is a basic monthly amount consisting of (a) a flat rate benefit, calculated as provided in subsection (2); and (b) 75% of the amount of the contributor’s retirement pension, which amount is calculated as the aggregate of (i) the amount calculated as provided in subsection (3), (ii) the amount calculated as provided in subsection (3.1), and (iii) the amount calculated as provided in subsection (3.2). Calculation of flat rate benefit (2) The amount of the flat rate benefit mentioned in paragraph (1)(a) is (a) in the case of a flat rate benefit commencing to be payable for a month in the year 1986, ninety-one dollars and six cents; (b) in the case of a flat rate benefit payable for a month in the year 1987, an amount calculated by multiplying (i) two hundred and thirty-three dollars and thirty-eight cents by (ii) the ratio that the Pension Index for 1987 bears to the Pension Index for 1986; and (c) in the case of a flat rate benefit commencing to be payable for a month in the year 1988 or any subsequent year, an amount calculated by multiplying (i) the amount of the flat rate benefit that would have been payable for a month in the year preceding that year by (ii) the ratio that the Pension Index for the year in which the benefit commences to be payable bears to the Pension Index for the year preceding that year. Calculation for purpose of subparagraph (1)(b)(i) (3) The amount of the portion of the contributor’s retirement pension that is to be used for the purpose of subparagraph (1)(b)(i) is equal to 25% of their average monthly pensionable earnings calculated as provided in subsections (4) and (5). Calculation for purpose of subparagraph (1)(b)(ii) (3.1) The amount of the portion of the contributor’s retirement pension that is to be used for the purpose of subparagraph (1)(b)(ii) is equal to 8.33% of their first additional monthly pensionable earnings calculated as provided in subsection (4.01). Calculation for purpose of subparagraph (1)(b)(iii) (3.2) The amount of the portion of the contributor’s retirement pension that is to be used for the purpose of subparagraph (1)(b)(iii) is equal to 33.33% of the contributor’s second additional monthly pensionable earnings calculated as provided in subsection (4.02). Average monthly pensionable earnings (4) For the purposes of subsection (3), the average monthly pensionable earnings of a contributor who is deemed to have become disabled for the purposes of this Act after December 31, 1997 is, subject to subsections 48(2) and (4), the amount obtained by dividing (a) the contributor’s total pensionable earnings by (b) the total number of months in the contributor’s contributory period or 48, whichever is greater. First additional monthly pensionable earnings (4.01) For the purpose of subsection (3.1), a contributor’s first additional monthly pensionable earnings are an amount calculated by (a) in the case where their first additional contributory period is less than or equal to 480 months, dividing their total first additional pensionable earnings by 480; or (b) in the case where their first additional contributory period exceeds 480 months, dividing the aggregate of their 480 highest first additional pensionable earnings for a month by 480. Second additional monthly pensionable earnings (4.02) For the purpose of subsection (3.2), a contributor’s second additional monthly pensionable earnings are an amount calculated by (a) in the case where their second additional contributory period is less than or equal to 480 months, dividing their total second additional pensionable earnings by 480; or (b) in the case where their second additional contributory period exceeds 480 months, dividing the aggregate of their 480 highest second additional pensionable earnings for a month by 480. Average monthly pensionable earnings (4.1) For the purposes of subsection (3), the average monthly pensionable earnings of a contribut