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Royal Canadian Mounted Police Superannuation Regulations

Version of section 10.6 from 2006-03-22 to 2013-06-06:

  •  (1) Notwithstanding sections 10.2 to 10.5, where payment of an amount referred to in any of those sections would cause financial hardship to the contributor or a recipient, the contributor or recipient may choose to pay the amount payable

    • (a) in respect of payment under section 10.2, by reservation from the contributor’s pay in approximately equal instalments over a period not exceeding three times the period of absence of the contributor or 15 years, whichever is the lesser; and

    • (b) in respect of payment under subparagraph 10.4(a)(i) or paragraph 10.5(b), by reservation from the monthly instalment of the annuity, annual allowance, supplementary benefit or allowance of an amount not less than 15 per cent of the gross amount of the instalment.

  • (2) Nothing in section 10.2 or 10.3 prohibits the payment at any time before the time for payment specified in that section of all or part of an amount payable pursuant to section 10.

  • SOR/95-571, s. 3

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