TEACHERS’ LIFE INSURANCE (GOVERNMENT CONTRIBUTORY) 1 BILL No. 13

An Act to amend The Teachers’ Life Insurance (Government Contributory) Act (Assented to ) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Saskatchewan, enacts as follows:

Short title This Act may be cited as The Teachers’ Life Insurance (Government Contributory) Amendment Act, 2008. R.S.S. 1978, c.T-8,

section amended 2(1)

Section of The Teachers’ Life Insurance (Government Contributory) Act is amended in the manner set forth in this section.

(2) The following subsections are added after subsection (6): “

(6.1) On and from September 1, 2008, a teacher: (

a) to whom an allowance is or has been granted pursuant to The Teachers Superannuation and Disability Benefits Act on the grounds of age and service; and (

b) who elects or has elected to maintain continued insurance coverage pursuant to subsection (4); may elect to maintain continued insurance coverage for decreased amounts of insurance until attaining the age of 85, except that no part of any of the premiums is to be paid by the Minister of Finance. “

(6.2) On and from September 1, 2008, a teacher between the ages of and may, on commencing receipt of an allowance pursuant to The Teachers Superannuation and Disability Benefits Act , elect to maintain continued insurance coverage for decreased amounts of insurance until attaining the age of 85, except that no part of any of the premiums is to be paid by the Minister of Finance”.

(3) The following subsection is added after subsection (7): “

(7.1) On and from September 1, 2008, subsections (6.1) and (6.2) apply, with any necessary modification, to a teacher who receives a pension benefit on or after July 1, 1991 based on age and service pursuant to a pension plan established and administered by the Saskatchewan Teachers’ Federation”. (4) Subsection (8) is amended by striking out “ subsections (4), (5) and (6) ” and substituting “subsections (4) to (6.2)”. Coming into force This Act comes into force on assent. TEACHERS’ LIFE INSURANCE (GOVERNMENT CONTRIBUTORY) 2 Printed by the authority of the Speaker of the Legislative Assembly of Saskatchewan 2008