(a) By the reservation out of the salary of each such person 5 per cent of five per centum of his salary; reserved. (b) In the case of any person in the Civil Service previous to the first day of July, one thousand eight hundred and ninety-eight, to whom this Part applies, by the transfer in addition and placing to his credit in the Addition. fund of a sum equal to the amount of all deductions previously made from the salary of such person under the authority of the Civil Service Superannuation Act with interest thereon compounded half yearly, at the rate of four per centum per annum. 2. The amount reserved in the case of each person together Separate account for with any sum transferred to his credit as in the preceding each person. subsection mentioned, shall be entered in a separate account, and interest at the rate of four per centum per annum, shall Interest. on the first days of January and July in each year, be computed on all sums to the credit of the Retirement Fund, whether principal or interest, and such interest shall be credited to the said sums and form part thereof. 61 V., c. 17, ss. 4 and 6. while in 28. No person shall, during his continuance in office, have No claim any claim or right to any part of the Retirement Fund. 61 V., "? service. c. 17, s. 7. retirement or dismissal. 29. On the retirement or dismissal of any person, the Payment on amount to his credit in the Retirement Fund shall be payable to him: Provided that if he is, in the opinion of the Governor in Council, unfit to manage his own affairs, such amount may be dealt with for the benefit of such person, or of his wife or children or other next of kin, in such manner as the Governor in Council determines. 61 V., c. 17, s. 8. death. 30. If a person dies while in the Civil Service, the amount Payment on to his credit in the Retirement Fund shall be paid to his legal representatives, or to such person as the Treasury Board determines. 2 E. VII., c. 6, s. 1. OTTAWA: Printed by SAMUEL EDWARD DAWSON, Law Printer to the King's most Excellent Majesty." 251 CHAPTER 18. An Act respecting Government Civil Service Insurance. SHORT TITLE. 1. This Act may be cited as the Civil Service Insurance Short title. Act. 56 V., c. 13, s. 1. INTERPRETATION. 2. In this Act, unless the context otherwise requires,- (c) 'the insured' means any person so contracting with the (d) insurance money' means the amount so contracted to be paid by the Minister. 56 V., c. 13, ss. 2 and 3. Definitions. 3. When it is stated in any insurance contract made under Insurance the authority of this Act, or in a declaration endorsed thereon contract. or attached thereto, that the insurance contract is for the benefit of the wife and children generally, or of the children generally, of the insured, without specifying their names, then the word 'children' shall mean all the children of the insured living at 'Children' the time of his death, whether by the same wife or by different defined. wives. 56 V., c. 13, s. 7. ADMINISTRATION. 4. The provisions of this Act shall be carried out by the Superintendstaff of the Department of Finance, under the direction and ent of Insupervision of the Superintendent of Insurance. 56 V., c. 13, s. 16. surance. INSURANCE CONTRACTS. 5. The Minister may contract with any person to whom Authorized. the Civil Service Superannuation Act applied on the first 253 day Apportionment of insurance if the insured is a married man. If the insured is unmarried. How evidenced. Share of before the insured. day of April, one thousand eight hundred and ninety-three, or who was thereafter appointed to a permanent position in any branch of the public service of Canada, for the payment of a certain sum of money to be made upon the death of such person. 56 V., c. 13, s. 3. 6. When the insured is a married man or a widower with children, the insurance contract shall be for the benefit of his wife, or of his wife and children, or of his wife and some one or more of his children, or of his children only, or of some one or more of them; and when the insurance contract is effected for the benefit of more than one, the insured may apportion the insurance money among them as he deems proper. 56 V., c. 13, s. 4. 7. When the insured is an unmarried man, the insurance contract shall be for the benefit of his future wife, or of his future wife and children, and the insured may apportion the insurance money among them in such manner as he sees fit; but if, at the maturity of the contract, he is still unmarried, or is a widower without children, the insurance money shall fall into and become part of his estate. 56 V., c. 13, s. 5. 8. Any apportionment under the next two preceding sections may be made in the insurance contract, or by a declaration endorsed thereon or annexed thereto and signed by the insured. 56 V., c. 13, s. 6. 9. Where an apportionment has been made as hereinbefore person dying provided, and one or more of the persons in whose favour the apportionment has been made die in the lifetime of the insured, the insured may, by an instrument in writing endorsed on or Declaration, attached to the insurance contract, declare that the shares formerly apportioned to the persons so dying shall be for the benefit of the wife and children of the insured, or of one or more of them, as he sees fit. If no declaration. If all the 2. In default of such declaration, the shares of the persons so dying shall be for the benefit of the survivor, or, if more than one, of the survivors of the wife and children of the insured in equal shares. 3. If all the persons so entitled die in the lifetime of the beneficiaries insured, the insurance money shall fall into and become part of the estate of the insured. 56 V., c. 13, s. 8. die. If no ap 10. When no apportionment is made of the insurance money portionment as hereinbefore provided, all persons interested shall be held to share equally therein. 56 V., c. 13, s. 9. is made. Minister may decline to insure. 11. The Minister may decline to enter into an insurance contract in any case where there are, in his opinion, sufficient grounds for his declining to do so. 56 V., c. 13, s. 10. 12. The Minister shall cause tables to be constructed Tables to be constructed fixing the premiums to be paid by the insured to the Minister as the consideration for such insurance contracts, and also all other tables necessary for the carrying out of the provisions of this Act. 2. All such tables shall be based on the H. M. Mortality Basis of Table of the Institute of Actuaries of Great Britain, and on same. a rate of interest of six per centum per annum, no allowance being made for expenses. 3. Such tables shall be framed so that the premium to obtain Premiums an insurance contract may be paid in one sum, or in annual, how payable. semi-annual, quarterly, or monthly instalments, and either dur ing the life of the insured or during a limited period. 56 V., c. 13, s. 11. insurance 13. The minimum and maximum amounts payable at death Amount of which may be contracted for under this Act shall be one limited. thousand dollars and two thousand dollars respectively. 56 V., c. 13, s. 12. 14. Every applicant for insurance shall furnish with his Medical application a medical certificate in such form as is prescribed certificate. by the Minister. 56 V., c. 13, s. 13. 15. The Governor in Council may, for the purposes of this Regulations. Act, from time to time make regulations for, (a) regulating the mode and form of making contracts; (b) prescribing the mode of proving the age, identity, and the existence or death of persons; (c) prescribing the mode of paying money in connection with insurance contracts; (d) dispensing with the production of probate of a will or letters of administration, either generally or in any particular class of cases; (e) prescribing the accounts to be kept and their manage- (f) determining beforehand the cases or classes of cases SUPERANNUATION DEDUCTIONS. by Governor in Council. 16. In the event of any person to whom the Civil Service 3 per cent if Superannuation Act applied on the first day of April, one insured subthousand eight hundred and ninety-three, taking advantage annuation 255 ject to Super of Act. |