British Columbia Order in Council — Order under Workers' Compensation Effective January 1, 2001, the Workers' Compensation Board Superannuation Plan is amended (O.C. 1782/2000)

O.C. 1782/2000

British Columbia — Orders in Council

Minister of La our T g Member of the Executive Council PROVINCE OF BRITISH COLUMBIA ORDER OF THE LIEUTENANT GOVERNOR IN COUNCIL Order in Council Number' - - 1782 , Approved and Ordered C 1 1 2000 =hurter:art Stater-nor Ad wiqi.str atop Executive Council Chambers, Victoria kintfnIttrahr On the recommendation of the undersigned, thelieutenantantemor, by and with the advice and consent of the Executive Council, orders that, effective January 1, 2001, approval is given to the Workers' Compensation Board to amend the Workers' Compensation Board Superannuation Plan, as set out in the attached resolution of the board. (This port is for administrative purposes only and is nor part of the Order) Authority under which Order is made: Act and section: Workers ' Compensation Act, R.S.B.C. 1996, c.492.

section 86 (3) Other (specify): o.c. 793/98 November 30, 2000 /00/37/mgm

WORKERS' COMPENSATION PANEL OF ADMINISTRATORS BOARD Maureen Nicholls, Chair Claire Dansereau Eric Mittemdorfer George Heyman Wolfgang Zimmermann 2000/10/18-01 THE WORKERS' COMPENSATION BOARD OF BRITISH COLUMBIA RESOLUTION OF THE PANEL OF ADMINISTRATORS Re: Pension Plan Amendments

WHEREAS: Pursuant to

Section 82 of the Workers Compensation Act, RSBC 1996,

Chapter 492 and amendments thereto (the "Act'), the Panel of Administrators (the "Panel") must approve and superintend the policies and direction of the Workers' Compensation Board (the "Board") and must: 82(a)(ii) review and approve operating polities of the Board, 82(a)(iii) approve operating and capital budgets of the Board, 82(a)(

v) approve major programs and expenditures, 82(a)(vi) plan for the future of the Board, AND

WHEREAS:

Section 86(3) of the Act provides that the Board, subject to the approval of the Lieutenant Governor in Council, may establish and maintain a.fund, to be known as the superannuation fund, for the payment of superannuation allowances to its employees and, subject to the like approval, may determine the amounts of superannuation or other allowances and the condition on which they may be paid and the persons to whom they may be paid; AND

WHEREAS:

Section N.8 of the Board superannuation plan provides that the Board may, subject to the approval of the Lieutenant Governor in Council, amend, add to, or delete any provisions of the plan; Location: Telephone 604 279-7594 Mailing Address: Anc.1 tAinefrv,Inetc, Toll Free 1 800 661-2112 PO Fir Y S350

2 AND

WHEREAS: The Senior Executive Committee of the Board have recommended to the Panel that the requested superannuation plan change be approved. THE PANEL OF ADMINISTRATORS RESOLVE THAT: Subject to the approval of the Lieutenant Governor in Council, the Workers' Compensation Board Superannuation Plan shall be amended in accordance with

Schedule "A" to this resolution. By the Workers' Compensation Board Maureen Nicholls, air Panel of Administrato s

SCHEDULE "A" AMENDMENT TO THE WORKERS' COMPENSATION BOARD SUPERANNUATION PLAN 1.

Section D. "CONTRIBUTIONS" is amended in :subsection 1(b.1) by striking out "during 1999 and 2000" and substituting "during 1999, 2000 and 2001". This change is effective January 1, 2001.

Document details

Collection	British Columbia — Orders in Council
Citation	O.C. 1782/2000
Type	order_in_council
Volume / chapter	arc oic 1782 2000
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	a0288d5422fc071e9015acc7cdcc5e731947c573

Source file is stored in the law ingest library (pdf).