Bill 48 (Legislature 9, Session 4)

L9 S4 7653

Alberta — Bills

Bill No. 48 of 1944. A BILL TO AMEND THE SUPERANNUATION ACT. NOTE. This Bill amends The Superannuation Act,

chapter 35, R.S.A.,

Section 19a which is substituted hy the Bill for the

section passed in 1943 is intended to remove an ambiguity and to make it dear that an employee who is re-employed and whose account is reinstated in the Superannuation Fund is not entitled to pay back into the Fund upon reinstatement more than the actual amount taken out by him when he retired from the service. The new

section 30 added by se~tion 2 of the Bill is to bring employees of Marketing Services. Limited, a sub sidiary of the Alberta Marketing Board, under the pro visions of The Superannuation Act. W. S. GRAY, Acting Legislative Counsel. (This note does not form any part of the Bill but is offered in explanation of its provisions.)

BILL No. 48 of 1944.

An Act to amend The Superannuation Act. (Assented to ,1944.) HIS MAJESTY, by and with the advice. and consent of the Legislative Assembly of the ProvIn~ce of Alberta, enacts as follows: 1. The Superannuation Act, being

chapter 35 of the Revised Statutes of Alberta, 1942, is hereby amended as to

section 19a by striking out the same and by substituting therefor the following: 19a.-

(1) Any employee who has resigned or has been dismissed and who within a period of three years thereafte'r is re-employed or re-apI1ointed, may within one year after his re-employment or re-appointment or within one year after the 30th day of March, 1943, apply to the Board for the reinstatement of his ac,count in the Superannuation Fund as of the date when he originally became an employee. "

(2) Upon such application the Board may in its dis cretion reinstate the ac.count of the employee in the Fund upon such terms and conditions as to the repayment of moneys withdrawn by him from the Fund as the Board may deem advisable, but in no case shall the employee be entitled to pay into the fund any sum in excess of what he withdrew at the time of his resignation or dismissal. "

(3) Upon such reinstate-m'ent, the Provincial Treasurer shall pay to the Fund an amount equal to the amount repaid by the employee, and the Board shall endeavour, subject to the provisions of subsection (2), to place the employee in the same position as he would have been in if he had not ceased to be an employee." 2. The said Act is further amended by adding immedi ately after

section 29 the following new section: 30.-

(1) The provisions of this Act shall, except as hereinafter -provided, apply to persons employed otherwise than temporarily by Marketing Services Limited 'and in this

section desi!fnated ~rketing Services employees·, except such MarketIng ServIces employees as may be ,excluded from the operation of this Act by Order of the Lieutenant Gov ernor in Council. "

(2) The statutory deduction and the statutory contribu tion directed by

section 5 of the Act shall each be made a!ld pai~ i,nto t?e ~uperannuation Fund by Marketing Ser-' VIces LImIted In heu of the Provincial Treasurer, and in

2 every

section of the Act reference to the Government con tribution shall be deemed to refer to Marketing Services Limited contribution, and the interest payments directed by

section 5 shall be made by the Provincial Treasurer. "

(3) No payments shall be made in respect to any Marketing Services employees out of the Special Reserve provided by this Act." 3. This Act shall come into force on the day upon which it is assented to, and upon so coming into force

section 1 shall be deemed to have been in force at all times since the thirtieth day of March, 1943.

FOURTH SESSION NINTH LEGISLATURE 8 GEORGE VI 1944 BILL

An Act to amend The Superannua ~ion Act. Recei ved and read the First time ....... . Second time ................... . Third time ....................................... . HON. MR. HOOKE. EDMONTON: A Shnltka, King's Printer 1944 Title: 1944 (9th, 4th) Bill 48,

An Act to amend The Superannuation Act

Document details

Collection	Alberta — Bills
Citation	L9 S4 7653
Type	bill
Volume / chapter	L9 S4 7653
Language	en
Format	json
Source	PROVINCIAL
Identifier	3ba8fbcdfcdab544b7e1554aa7b61550b999dfc5

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