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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.
When do I join the plan? Reserve Force members join the Reserve Force Pension Plan automatically after earning 10% of the Year's Maximum Pensionable Earnings (YMPE) in two consecutive 12-month periods. The Pension Centre notifies you once you have met the criteria to join the plan.
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
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, 2022 · As of 1 March 2007, a member of the reserve force is considered to be a member of the regular force and will become a member of the Regular Force Plan, on 1 March 2007 if, on that date, the member's total number of days of paid Canadian Forces service during any period of 60 months beginning on or after 1 April 1999 was no less than 1,674,
† The Reserve Force Pension Plan was introduced without adequate planning. Except briefly before 2001, the plan was not identified, planned, and implemented as a stand-alone project but rather was part of a larger pension modernization project. As a result, no senior official was made responsible for the Reserve Force Pension Plan. In
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Who can join the Regular Force Pension Plan? Regular Force members automatically join the plan when they enroll in the Regular Force; Reserve Force members automatically join the plan once they accumulate 1,674 days (55 months) of Canadian Forces (CF) service within a period of 60 consecutive months ; Other benefits include:
