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The rules governing the Regular Force Pension Plan are set out under Part I of the Canadian Forces Superannuation Act (CFSA) and the plan is designed to provide qualified members with a retirement income payable upon release from the CAF. Benefits are based on pensionable service, Canadian Forces (CF) service, and your age at release.
The Regular Force Pension Plan is a defined benefit pension plan. This means that your pension from the plan is defined by set formulas. In the Regular Force Pension Plan, these formulas use your pensionable earnings and years of pensionable service to calculate your pension.
Pension plans for active or retired members and survivors of deceased plan members. Military benefits Leave policy, medical, dental, injury, relocation and disability benefits, temporary travel duty, children education allowance, and benefits after death.
Mar 31, 2019 · This actuarial valuation is as at 31 March 2019 and is in respect of the pension benefits and contributions defined by Parts I, III and IV of the Canadian Forces Superannuation Act (CFSA), the Special Retirement Arrangements Act (SRAA), which covers the Retirement Compensation Arrangements (RCA), and the Pension Benefits Division Act (PBDA) for members of the Regular Force Plan. This valuation ...
Mar 31, 2022 · Regular Force Plan pension benefits are coordinated with the pensions paid by the CPP. The initial rate of a Regular Force Plan member's retirement pension is equal to 2% of the highest average of annual pensionable earnings over any period of five consecutive Footnote 5 years, multiplied by the number of years of pensionable service not ...
Learn about participating in the pension plan, retirement income sources and pension options. 2024 Indexation rate The pension indexation rate for 2024 is 4.8% and will be applied to your January 2024 payment.
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Learn about participating in the reserve force pension plan, and pension options. Relocation travel, and accommodation benefits Instructions for relocation benefits and relocation policy for untrained military members and those not covered by the Integrated Relocation Program.
