Royal Canadian Mounted Police Superannuation Act — R-11 11
r she ceases to be a member of the Force he or she has reached the age prescribed by the regulations for the purposes of this paragraph and has to his or her credit not fewer than the number of years of pensionable service prescribed by the regulations for the purposes of this paragraph, to an annuity payable immediately on his or her ceasing to be a member of the Force; or (b) in any other case, at his or her option, (i) to a deferred annuity, or (ii) if at the time he or she ceases to be a member of the Force he or she has reached the age prescribed by the regulations for the purposes of this subparagraph and has to his or her credit not fewer than the number of years of pensionable service prescribed by the regulations for the purposes of this subparagraph, to an annual allowance, payable immediately on exercising the option, equal to the amount of the deferred annuity referred to in subparagraph (i) reduced by the product obtained by multiplying five per cent of the amount of that annuity by (A) the age prescribed by the regulations for the purposes of paragraph (a) minus his or her age in years, to the nearest one-tenth of a year, on exercising the option, or (B) the number of years of pensionable service prescribed by the regulations for the purposes of paragraph (a) minus the number of years, to the nearest one-tenth of a year, of pensionable service to his or her credit, whichever is the greater, (iii) if at the time he or she ceases to be a member of the Force, he or she has reached the age prescribed by the regulations for the purposes of this subparagraph, has been a member of the Force for a period of or for periods totalling at least the number of years prescribed by the regulations for the purposes of this subparagraph and does not voluntarily cease to be a member of the Force, to an annual allowance, payable immediately on his or her so ceasing to be a member of the Force, equal to the amount of the deferred annuity referred to in subparagraph (i) reduced by the product obtained by multiplying (A) five per cent of the amount of that annuity by (B) the number of years of pensionable service prescribed by the regulations for the purposes of this clause minus the number of years, to the nearest one-tenth of a year, of pensionable service to his or her credit, except that in any such case the whole or any part of the reduction provided for by this subparagraph may be waived by the Treasury Board, or (iv) to an annual allowance, payable (A) immediately on exercising the option, in the case of a contributor who has reached the age prescribed by the regulations for the purposes of subparagraph (b)(ii), or (B) on his or her reaching the age prescribed by the regulations for the purposes of subparagraph (b)(ii), in the case of a contributor who exercises the option when less than that age, which allowance shall be equal to the amount of the deferred annuity referred to in subparagraph (i) reduced by the product obtained by multiplying (C) five per cent of the amount of that annuity by (D) sixty minus his or her age in years, to the nearest one-tenth of a year, at the time the allowance becomes payable. (v) [Repealed, 2003, c. 26, s. 45] Dismissal for misconduct (10) When a contributor who is a member of the Force not holding a rank in the Force is compulsorily retired from the Force by reason of misconduct, he or she is entitled (a) to a return of contributions; or (b) with the consent of the Treasury Board, to the whole or any part specified by the Treasury Board of any benefit to which he or she would have been entitled under subparagraph (5)(b)(ii) or under subsection (7), (8), (9) or (12) had he or she, at the time of dismissal, ceased to be a member of the Force for a reason other than misconduct, except that in no case shall the capitalized value of the benefit be less than the return of contributions referred to in paragraph (a). Return of contributions (11) Despite anything in this section, except as provided for