Contributions by Members
10.1 (1) In this section, “social contract leave day” means a working day for which the member is not paid due to a leave of absence required by the Social Contract Act, 1993 or an agreement or plan under it; “social contract period” means the period beginning June 14, 1993 and ending March 31, 1996; “social contract year” means any of the following periods, (a) June 14, 1993 to March 31, 1994, (b) April 1, 1994 to March 31, 1995, or (c) April 1, 1995 to March 31, 1996. O. Reg. 81/94, s. 1. (2) Despite subsection 10 (8), a member’s social contract leave days are established as credited service. O. Reg. 81/94, s. 1. (3) If a member’s pay is reduced by or under the Social Contract Act, 1993 but the member is not entitled to or does not take an actual leave of absence, the number of working days that the reduction represents is established as credited service. O. Reg. 81/94, s. 1. (4) The maximum number of days that may be established under subsections (2) and (3) as credited service in a social contract year is twelve or an equivalent number as determined under the Social Contract Act, 1993. O. Reg. 81/94, s. 1. (5) Despite subsection 10 (8), no contributions shall be required by a member in respect of days established as credited service under subsection (2) or (3) and the member shall be credited with an unreduced rate of contributory earnings in respect of those days. O. Reg. 81/94, s. 1. (6) During the social contract period, the unreduced rate of contributory earnings of a member required under subsection (5) shall be deemed to be the rate for which contributions would have been made by the member under subsection 10 (2.1) if the member were not on a leave of absence required by or under the Social Contract Act, 1993. O. Reg. 81/94, s. 1. (7) Despite section 10, during a period of reduced pay as defined in the Income Tax Act (Canada), a member may accrue credited service and be credited with an unreduced rate of contributory earnings if, (a) the member is within five years of retirement age; (b) the employer authorizes the period of reduced pay for the member; (c) the period of reduced pay begins during the social contract period; and (d) the employer and the member continue to contribute to the Fund in the same proportions as they did before the period of reduced pay based on the unreduced rate of contributory earnings. O. Reg. 81/94, s. 1. (8) The unreduced rate of contributory earnings of a member under subsection (7) shall be deemed to be the rate for which contributions would have been made by the member under subsection 10 (2.1) if the period of reduced pay did not apply to that member. O. Reg. 81/94, s. 1. (9) An employer who has approved a downsizing program under section 26.2 may establish as part of that program a period of six months or less in which an employee is laid off as credited service under subsection 10 (8). O. Reg. 81/94, s. 1. (10) An employee is only eligible for credited service under subsection (9) if, (a) the employee is laid off by the employer or absent with the authorization of the employer for a period of any length beginning during the social contract period; and (b) the employee subsequently becomes a member. O. Reg. 81/94, s. 1. (11) Despite subsection 10 (8), an employer may pay all or part of the contributions in respect of credited service earned by a member under subsection (9). O. Reg. 81/94, s. 1. (12) The period referred to in subsection (9) may be a continuous period or made up of a number of shorter periods. O. Reg. 81/94, s. 1. Contributions by Employers