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The rules governing the Reserve Force Pension Plan are set out under Part I.1 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 Canadian Armed Forces (CAF). Benefits are based on pensionable service and Canadian Forces (CF) service, and on your age at release.
Reserve Force pay. Reserve force pay by rank and class of service. Pension plan for reservists. How to apply, supplementary benefits, and frequently asked questions. Health care for reservists. Learn how health care benefits are evaluated for reserve force members, and how to access health care services. Dental care plan for reservists
No. You cannot receive a pension from the Reserve Force Pension Plan and contribute to the Regular Force Pension Plan at the same time. If you join the Regular Force, your Reserve Force pension stops and you begin to contribute to the Regular Force Pension Plan.
The Reserve Force Pension Plan is a defined benefit pension plan. This means that your pension from the plan is defined by set formulas. In the Reserve Force Pension Plan, these formulas use your pensionable earnings and the average Year's Maximum Pensionable Earnings to calculate your lifetime and bridge pensions.
Jan 19, 2024 · Service as part of Canada’s Reserve Force offers Canadians a flexible and diverse option to serve their country. Find more information about the benefits and services unique to Reserve Service, and how you can take advantage of these programs, tools and services to help you get the most out of your time in uniform.
Oct 3, 2024 · **In accordance with the Reserve Force Pension Plan Regulations section 5, to receive an annuity, a Reservist must be released from the CAF or have cumulated 12 months without earnings. A reservist transferring to the Supplementary Reserve is still a member of the Reserve and therefore, his pension will not start until he has 12 consecutive months without earnings.**
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Oct 14, 2024 · Reserve Force Pension Plan Regulations. SOR/2007-32. CANADIAN FORCES SUPERANNUATION ACT. FINANCIAL ADMINISTRATION ACT. Registration 2007-02-16. Reserve Force Pension Plan Regulations. T.B. 833341 2007-02-15