Bill 132 (Legislature 15, Session 1)

L15 S1 1711

Alberta — Bills

No. 182 1st Session, 15th Legislature, Alberta 12 Elizabeth II BILL 132 A Bill to amend The Teachers' Retirement. Fund Act HON. MR. AALBORG Printed by L. S. WALL, Printer to the Queen's Most Excellent :Majesty, Edmonton, Ai'berta, 1964

Explanatory Note I. The Teachers' Retiresment Fund Act, R.S.A. 1955,

chapter 330, amended. 2.

Section 15(1) and (.2) presently read: "15.

(1) A teacher who leaves, or who has heretofore left, his employment as a teacher for such purpose as the Board in its sdle discretion may approve and who intends to return, or has returned, to employment as a teacher, may apply to the Board of Administrators for permission to contribute to 1:Ihe Fund during the p'eIiod o,f his absence from such employment.

(2) Tlhe Board of Administrators may by by-law grant permiss.ion to ,such teacher to contribute to the Fund, for such period and on such terms and conditions includdng payment of interest as it may prescribe, an amount not exceeding ten per cent of the salary that would have been earned by him during the prescrLbed period had he continued in his employment SiS a teaciher, and the Board of Administrators may rece>ive suoh amounts as contributions by the teacher to the Fund.".

BILL No. 132 of 1964

An Act to amend The Teachers' Retirement Fund Act (Assented to , 1964) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: . , 1. The Teachers' Retirement Fund Act is hereby amended.

Section 15 is amended by striking out subsections (1) and (2) and by substituting the following: 15.

(1) Where a person (

a) leaves, or has heretofore left his employment as a teacher in Alberta and thereafter is employed or engaged in any of the following ways, namely, (

i) serving in Canadian or allied forces in a time in which Canada is at war, or (ii) any employment, occupation, function or activity approved by the Board of Administra tors, or (iii) attending the University of Alberta or a uni versity recognized by the University of Alberta for the purpose of improving his academic qualifications for teaching, or , (iv) any consecutive combination of any or all of the periods referred to in subclauses (

i) to (iii) , and (

b) returns or intends to return to employment as a teacher in Alberta or in another province or terri tory of Canada in respect of which the Board of Administrators has entered into a reciprocal agree ment relating to pension benefits, and the periods of employment as a teacher and the periods enumerated in clause (

a) are continuous except for periods of absence excused by reason of disability due to illness or accident or such other reason as the Board may permit, that person may apply to the Board of Administrators for permission to contribute to the Fund in respect of the periods referred to in subclauses (

i) and (ii) of clause (a).

3. Subsections (1) and (2) are revised along the lines of a similar provision in The Public Service Pension Act (section 28). Subsection (3) is the present subsection (3) revised . . 4 •. Commencement of Act. 2

(2) Where an applicatiO'n is made under subsectiO'n (1), the BO'ard O'f Administrators may by resO'lutiO'n grant per mission to' the applicant to' contribute to' the Fund in respect O'f the whO'le O'f the periO'ds referred to' in subclauses (

i) and (ii) of clause (

a) O'f sUbsection (1), or such part thereO'f as the Board may prescribe, an a,mO'unt nO't exceeding ten per cent of the salary that WO'uld have been earned by him at his rate ef salary at the time O'f leaving his emplO'yment as a teacher in Alberta, and such permissiO'n may be granted O'n such terms and cO'nditiO'ns, including the payment of interest, as the BO'ard may prescribe. (2a) The Beard .of AdministratO'rs may make by-laws governing applicatiO'ns under this sectiO'n. 3. SectiO'n 26 is struck O'ut and the fO'llDwing is sub stituted: 26.

(1) The interest that by this Act any teacher, fO'rmer teacher O'r cO'ntrihutO'r has in the Fund O'r the in terest of any such persO'n in any pensiDn O'r O'ther benefit Dr right granted under this Act (

a) is nDt subject to' garnishment prO'ceedings, er attachment O'r seizure, Dr any legal prO'cess, except in respect of a charge of failure to account fDr public mO'neys, and (

b) is nO't assignable.

(2) NO'thing in subsection (1) prevents a fer'mer teacher frDm authorizing the deductiO'n frDm his pensien payments Df premiums O'r like periO'dic sums fO'r hO'spitalizatiO'n or medical insurance O'r plans which are appreved fO'r this purpose by reSO'lutiDn of the Board of AdministratO'rs.

(3) The BO'ard O'f AdministratO'rs may refuse to' rec?g nize any pDwer Df attO'rney granted by any persO'n wIth reference to' any payment O'ut .of the Fund O'r any mO'neys payable to' that persO'n by reasO'n Df this Act O'r anything dO'ne under this Act. 4. This Act cO'mes intO' force O'n the day UPO'n which it is assented to. 2

No. 132 FIRST SESSION FIFTEENTH LEGISLATURE 12 ELIZABETH II 19'64 BILL

An Act to amend The Teachers' Retirement Fund Act Received and read the First time ............ . Second time .... Third time HON. MR. AALBORG Title: 1964 (15th, 1st) Bill 132,

An Act to amend The Teachers' Retirement Fund Act

Document details

Collection	Alberta — Bills
Citation	L15 S1 1711
Type	bill
Volume / chapter	L15 S1 1711
Language	en
Format	json
Source	PROVINCIAL
Identifier	d1f9c89e416d4fac9a6a1a7262e0efadb7df6d8a

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