Third

Session, 45th General Assembly

Elizabeth II, 2006

BILL 47

AN ACT TO AMEND THE

TEACHERS'

PENSIONS ACT

Received and Read the First Time ...................................................................................................

Second Reading .................................................................................................................................

Committee ............................................................................................................................................

Third Reading .....................................................................................................................................

Royal Assent ......................................................................................................................................

HONOURABLE

LOYOLA SULLIVAN

Minister

of Finance and President of Treasury Board

Ordered

to be printed by the Honourable House of Assembly

EXPLANATORY NOTE

This Bill would amend

section 3 of

the Teachers' Pensions Act to allow a

member of the teachers' pension plan who is appointed to the position of the

President of the Canadian Teachers' Federation to continue to participate in

the pension plan during his or her term of office as president. The amendment would be retroactive to September 1, 2005 .

A BILL

AN ACT TO AMEND THE TEACHERS'

PENSIONS ACT

Analysis

S.3 Amdt.

Application

Commencement

Be it enacted by the Lieutenant-Governor and

House of Assembly in Legislative Session convened, as follows:

SNL1991 c17

as amended

1. Subsection 3(1) of the Teachers' Pensions Act is amended

(

a) by striking out the word "or" at the

end of paragraph (c);

(

b) by striking out the period at the end of

paragraph (

d) and substituting a semi-colon and the word "or"; and

(

c) by adding immediately after paragraph (

d) the

following:

(

e) is a full time salaried president of the

Canadian Teachers' Federation and who was before his or her appointment

(

i) a teacher to whom this Act or the former Act

applied, or

(ii) a public servant to whom the Public Service Pensions Act, 1991

applied, and

is considered to be, during his or her term

of office as the president, a teacher for the purpose of the pension plan.

Commencement

2. This Act shall be considered to have come into

force on September

1, 2005 .

Earl G. Tucker, Queen's Printer