Document ID: chunk:federal_register_of_legislation:F2004C00098:reg:184:p7
Version: federal_register_of_legislation:F2004C00098
Segment Type: reg
Provision Reference: reg 184 (pt 7/18)
Character Range: 64313–67084

to the prescribed person.
                      '(2) Where a person, being a prescribed person to whom this section applies, is entitled to standard age retirement pension by virtue of subsection 55 (1), the annual rate of that pension is an amount per annum equal to whichever is the greater of:
                      (a) the amount by which the annual rate of the standard age retirement pension to which, but for this subsection, the person would have been entitled exceeds an amount in dollars ascertained in accordance with the formula:
                      (b) the amount per annum of the standard age retirement pension that would be payable to the person if he or she were not a prescribed person but had become on the commencing day an eligible employee other than an eligible employee referred to in paragraph (a) of the definition of eligible employee in subsection 3 (1) or a person who, immediately before the commencing day, was entitled to a relevant pension.
                      '(3) Where a person, being a prescribed person to whom this section applies, is entitled to invalidity benefit by virtue of subsection 66 (1), the annual rate of the pension to which the person is entitled is:
                      (a) if the person does not make an election under section 68 or 69 — an amount per annum equal to whichever is the greater of:
                      (i) the amount by which the annual rate of the pension to which, but for this subsection, the person would have been entitled exceeds an amount in dollars ascertained in accordance with the formula:
                      (ii) the amount per annum of the invalidity pension that would be payable to the person if he or she were not a prescribed person but had become on the commencing day an eligible employee other than an eligible employee referred to in paragraph (a) of the definition of eligible employee in subsection 3 (1) or a person who, immediately before the commencing day, was entitled to a relevant pension; or
                      (b) if the person makes an election under section 68 — an amount per annum equal to whichever is the greater of:
                      (i) the amount by which the annual rate of the pension to which, but for this subsection, the person would have been entitled exceeds an amount in dollars ascertained in accordance with the formula:
                      (ii) the amount per annum of the invalidity pension that would be payable to the person if he or she were not a prescribed person but had become on the commencing day an eligible employee other than an eligible employee referred to in paragraph (a) of the definition of eligible employee in subsection 3 (1) or a person who, immediately before the commencing day, was entitled to a relevant