OIC Number: 2010 - 112

Date of Order: Mar 09, 2010

Statute: Children and Family Services Act Public Service Superannuation Act

OIC Text: The Governor in Council on the report and recommendation of the Minister of Community Services and the Minister of Finance dated February 14, 2010, and pursuant to subsections 8(2) and (5) of

Chapter 5 of the Acts of 1990, the Children and Family Services Act, and to clause 20(b)(

i) of

Chapter 377 of the Revised Statutes of Nova Scotia, 1989, the Public Service Superannuation Act, is pleased to: (

a) approve the dissolution of the Children's Aid Society of Cape Breton, and revoke Orders in Council 79-329, 81-631, 81-733, and 83-1198 which approve its constitution and by-laws and amendments thereto, effective June 30, 2010; (

b) approve the transfer of the existing pension funds of employees of the Children's Aid Society of Cape Breton (the "Agency") who opt to transfer these funds to the Public Service Superannuation Plan; (

c) determine that on, from and after the commencement of employment with the Province of Nova Scotia (the "Employer") of each of the eligible employees of the Agency (the "Eligible Employee"): (

i) all existing contributory service of an Eligible Employee (contributory service being a period or periods during which the Eligible Employee was employed by the Agency or another agency established or continued under the Children and Family Services Act and during which contributions were made to Association of Child Welfare Agencies of Nova Scotia Pension Plan, Policy #35664 (the "Agencies Plan") be deemed eligible service under the Public Service Superannuation Plan for the purpose of determining when that Eligible Employee is eligible to retire under the Public Service Superannuation Plan; and (ii) at the option of each Eligible Employee, the contributory service of the Eligible Employee (contributory service being a period or periods during which the Eligible Employee was employed by the Agency or another agency established or continued under the Children and Family Services Act and during which contributions were made to the Agencies Plan) be deemed pensionable service under the Public Service Superannuation Plan, for the purpose of calculating the amount of a Superannuation Allowance, provided there is paid into the Public Service Superannuation Fund by or on behalf of such Eligible Employee an amount or amounts equal to the actuarial cost of such service as determined by the Minister of Finance and, to the extent the payment into the Public Service Superannuation Fund by or on behalf of an Eligible Employee is less than the actuarial cost of such service, the Eligible Employee be credited a pro-rated portion of pensionable service under the Public Service Superannuation Plan.

Department(s): Community Services (to Dec 2024) Finance