Income Tax Regulations — 8503
cause of the member being totally and permanently disabled; and (b) the day on which the member attains 60 years of age. ( date d’admissibilité ) Bridging Benefits Payable on a Stand-alone Basis (17) The condition in subparagraph (2)(b)(i) that bridging benefits be payable to a member under a defined benefit provision of a pension plan for a period beginning no earlier than the time lifetime retirement benefits commence to be paid under the provision to the member does not apply where the following conditions are satisfied: (a) the bridging benefits do not commence to be paid before the member’s specified eligibility day under the provision; (b) the plan provides that bridging benefits are payable under the provision to the member only for calendar months (i) at any time in which the member is employed by an employer who participates in the plan, or (ii) that begin on or after the time the member’s lifetime retirement benefits under the provision commence to be paid; (c) the member was not, at any time before the time at which the bridging benefits commence to be paid, connected with an employer who participates in the plan; and (d) the plan is not a designated plan. Rules of Application (18) Where bridging benefits under a defined benefit provision of a pension plan commence to be paid to a member in circumstances to which subsection (17) applies, the following rules apply: (a) if the member dies before lifetime retirement benefits under the provision commence to be paid to the member, subsections (2) and (6) apply in respect of benefits provided under the provision on the death of the member as if the bridging benefits had not commenced to be paid before the member’s death; and (b) the provisions in paragraph (2)(m), Part LXXXIII and subsection 8517(4) that depend on whether the member’s retirement benefits have commenced to be paid apply to past service events, commutations and transfers occurring before lifetime retirement benefits under the provision commence to be paid to the member as if the bridging benefits had not commenced to be paid. Benefit Accruals After Pension Commencement (19) Paragraph (3)(b) does not apply to retirement benefits (in this subsection and in subsections (20) and (21) referred to as “additional benefits”) provided under a defined benefit provision of a pension plan to a member of the plan if the following conditions are satisfied: (a) the additional benefits are provided in respect of all or part of a qualifying period of the member under the provision; (b) the amount of retirement benefits payable to the member under the provision for each whole calendar month in the qualifying period does not exceed 5% of the amount (expressed on an annualized basis) of retirement benefits that have accrued under the provision to the member to the beginning of the month, determined without a reduction computed by reference to the member’s age, duration of service, or both, and without any other similar reduction (except that, if the plan limits the amount of pensionable service of a member or prohibits the provision of benefits in respect of periods after a member attains a specific age or combination of age and pensionable service, this condition does not apply to any calendar month in respect of which no benefits can be provided to the member because of the limit or prohibition, as the case may be); (c) no part of the additional benefits are provided as a consequence of a past service event, unless the benefits are provided in circumstances to which subsection 8306(1) would apply if no qualifying transfers were made in connection with the past service event; (d) the member was not, at any time before the additional benefits become provided, connected with an employer who participates in the plan; and (e) the plan is not a designated plan. Redetermination of Benefits (20) Where the amount of retirement benefits payable under a defined benefit provision of a pension plan to a member is redetermined to include