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Purchase of Prior Service with a Public Authority Regulations
made under clause 20(d) of the
Public Service Superannuation Act
R.S.N.S. 1989, c. 377
O.I.C. 2009-30 (January 28, 2009), N.S. Reg. 13/2009
Citation
1 These regulations may be cited as the Purchase of Prior Service with a Public Authority Regulations.
Definitions
2 In these regulations,
(a) “Act” means the Public Service Superannuation Act;
(b) “pension plan” means the public service superannuation plan established by the Act;
(c) “period of prior contributory service with a public authority” means any period an employee was employed by a public authority on a full-time basis and was making contributions to a registered pension plan;
(d) “public authority” means any of the following:
(i) the Government of Canada,
(ii) the government of a province of Canada,
(iii) the government of a municipality in Canada,
(iv) an authority in Canada, or an association of such authorities, that operates a university, hospital or public institution, or the representative of one or more authorities,
(v) a corporation or body deemed by the Governor in Council to be a public authority for the purposes of the Act or these regulations;
(e) “Superannuation Fund” means the superannuation fund created and maintained under the pension plan.
Purchase of prior contributory service with a public authority
3 (1) An employee may, for the purpose of calculating the number of years of service as an employee in the public service under Section 13 of the Act, receive service credit for all or part of a period of prior contributory service with a public authority, if the employee
(a) pays into the Superannuation Fund an amount or amounts equal to the pension plan’s actuarial cost of the service credited, calculated as determined by the Minister, and
(b) satisfies any terms and conditions the Minister determines.
(2) Any service credited under subsection (1) is counted as eligible service under the pension plan for the purpose of determining when an employee is eligible to retire under the pension plan.