Document ID: chunk:federal_register_of_legislation:F2004C00092:reg:149:p4
Version: federal_register_of_legislation:F2004C00092
Segment Type: reg
Provision Reference: reg 149 (pt 4/18)
Character Range: 49420–52222

under section 69 of the superseded Act;
                           (b) by virtue of subsection 100J (2), 107K (2), 110 (2) or 119K (2) of the superseded Act was at any time not required or permitted to contribute to the existing Fund in respect of units of pension; or
                           (c) was at any time required to contribute to the existing Fund in respect of units of pension in accordance with subsection 100J (3), 107K (3), 110 (3) or 119K (3) of the superseded Act.
                         (2) Where a person, being a prescribed person to whom this section applies, is entitled to a 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 65 × A; and
                           (b) the amount per annum of the standard age retirement pension that would be payable to him if he 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).
                         (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 91 × A; and
                              (ii) the amount per annum of the invalidity pension that would be payable to him if he 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
                           (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 65 × A; and
                              (ii) the amount per annum of the invalidity pension that would be payable to him