Payment of accumulated contributions where no other benefit payable under Part
80 Payment of accumulated contributions where no other benefit payable under Part
Subject to subsections (2) and (3), where:
a person ceases to be an eligible employee otherwise than by reason of death; and
the person is not entitled to benefit under Division 1, 2 or 4 of this Part or under Division 3 of Part IX;
the person is entitled to a lump sum benefit, payable out of the Fund, of an amount equal to the person’s accumulated contributions.
Where:
a person ceases to be an eligible employee and, upon his or her so ceasing, invalidity pension becomes payable to him or her in accordance with section 67 or 70;
his or her entitlement to the pension is cancelled under subsection 76(1) upon his or her again becoming an eligible employee; and
the person again ceases to be an eligible employee, otherwise than by reason of death, but, upon so ceasing, does not become entitled to benefit under Division 1, 2 or 4 of this Part or under Division 3 of Part IX;
the person is entitled to a lump sum benefit equal to the sum of:
an amount equal to so much of his or her accumulated basic contributions as would be applicable in relation to him or her but for section 7A;
his or her accumulated supplementary contributions; and
where the amount that, under section 7A, is to be added to the amount of his or her accumulated basic contributions exceeds the difference between:
the total of the amounts of invalidity pension at any time paid to the person in accordance with section 67 or 70 and the amounts of deferred benefit by way of invalidity pension at any time paid to the person in accordance with either of those sections (other than an amount, if any, taken into account in a previous application of this subsection or subsection (3) in relation to the person); and
what would have been that total if the person had made an election under subsection 68(1) or 71(1) in respect of the invalidity pension or deferred benefit so paid:
the amount of that excess.
Where:
a person ceases to be an eligible employee and, upon his or her so ceasing, deferred benefits become applicable in relation to him or her by virtue of Division 3 of Part IX;
those deferred benefits cease to be applicable in relation to the person upon a deferred benefit by way of invalidity pension becoming payable to him or her in accordance with section 67 or 70;
the person does not, before again becoming an eligible employee, become entitled to deferred benefit by way of invalidity benefit otherwise than in accordance with section 67 or 70;
his or her entitlement to deferred benefit is cancelled under subsection 76(1) upon his or her again becoming an eligible employee or is cancelled under subsection 143(2) and he or she later becomes an eligible employee; and
the person again ceases to be an eligible employee, otherwise than by reason of death, but, upon so ceasing, does not become entitled to benefit under Division 1, 2 or 4 of this Part or under Division 3 of Part IX;
the person is entitled to a lump sum benefit equal to the sum of:
an amount equal to so much of his or her accumulated basic contributions as would be applicable in relation to him or her but for section 7A;
his or her accumulated supplementary contributions; and
where the amount that, under section 7A, is to be added to the amount of his or her accumulated basic contributions exceeds the difference between:
the total of the amounts of invalidity pension at any time paid to the person in accordance with section 67 or 70 and the amounts of deferred benefit by way of invalidity pension at any time paid to the person in accordance with either of those sections (other than an amount, if any, taken into account in a previous application of this subsection or subsection (2) in relation to the person); and
what would have been that total if the person had made an election under subsection 68(1) or 71(1) in respect of the invalidity pension or deferred benefit so paid;
the amount of that excess.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.