C-52.1, r. 1 - Regulation respecting the partition and assignment of benefits accrued under the pension plan of the Members of the National Assembly

Section 13 Disposition versions

2012-09-01

13. The Office transfers the sums awarded to the spouse into an annuity contract, a locked-in retirement account or a life income fund if they derive from an entitlement to a pension or deferred pension.

However, if the sums awarded to the spouse derive from an entitlement to a refund of contributions, the Office transfers those sums into a registered retirement savings plan or a registered retirement income fund or, at the spouse’s request, into a locked-in retirement account, an annuity contract or a life income fund.

Despite the first and second paragraphs, the sums are paid to the spouse’s successors in the event of his or her death.

Decision 1611-1, s. 13.