Income Tax Regulations — 8503
at month, (B) that month were the first month for which public pension benefits were payable to the member, (C) the member were entitled to the maximum amount of benefits payable under the Old Age Security Act , and (D) the member were entitled to the total of (I) that proportion, not exceeding one, of the maximum benefits that an individual could receive under paragraphs 46(1)(a) and (b) of the Canada Pension Plan (or a similar provision of a provincial pension plan as defined in that Act) that the total of the member’s remuneration for the three calendar years in which the remuneration is the highest is of the total of the Year’s Maximum Pensionable Earnings for those three years (or such other proportion of remuneration to Year’s Maximum Pensionable Earnings as is acceptable to the Minister), (II) that proportion, not exceeding one, of the maximum benefits that an individual could receive under paragraph 46(1)(c) of the Canada Pension Plan (or a similar provision of a provincial pension plan as defined in that Act) that the total of the member’s remuneration in excess of the Year’s Maximum Pensionable Earnings for the three calendar years in which the remuneration is the highest is of the total of the Year’s Additional Maximum Pensionable Earnings in excess of the Year’s Maximum Pensionable Earnings for those three years (or such other proportion as is acceptable to the Minister), B is (A) except where clause (B) is applicable, the number of months, if any, from the date on which the bridging benefits commence to be paid to the member to the date on which the member attains 60 years of age, and (B) where the member is totally and permanently disabled at the time the bridging benefits commence to be paid to the member and the member was not, at any time after 1990, connected with an employer who has participated in the plan, nil, C is the greatest of all amounts each of which is the ratio of the Consumer Price Index for a month not before the month in which the bridging benefits commence to be paid to the member and not after the particular month, to the Consumer Price Index for the month in which the bridging benefits commence to be paid to the member, and D is (A) except where clause (B) is applicable, the lesser of 10 and (I) where the member was not, at any time after 1990, connected with an employer who has participated in the plan, the aggregate of all amounts each of which is the duration (measured in years, including any fraction of a year) of a period that is pensionable service of the member under the provision, and (II) in any other case, the aggregate that would be determined under subclause (I) if the duration of each period were multiplied by a fraction (not greater than 1) that measures the services rendered by the member throughout the period to employers who participate in the plan as a proportion of the services that would have been rendered by the member throughout the period to such employers had the member rendered services on a full-time basis, and (B) where the member is totally and permanently disabled at the time the bridging benefits commence to be paid to the member and the member was not, at any time after 1990, connected with an employer who has participated in the plan, 10; Guarantee Period (c) retirement benefits (in this paragraph referred to as “continued retirement benefits”) provided to one or more beneficiaries of a member who dies after retirement benefits under the provision commence to be paid to the member where (i) the continued retirement benefits are payable for a period beginning after the death of the member and ending (A) if retirement benefits permissible under paragraph (d) are provided under the provision to a spouse or common-law partner or former spouse or common-law partner of the member, no later than five years, and (B) in any other case, no later than 15 years after the day on which retirement benefits commence to be paid under the provision to the member, and (ii) the a