Bill 8 — Third Session, 17Th Legislature, 23 Elizabeth Ii the Legislative Assembly of Alberta Bill 8 the Public Service Pension Amendment Act, 1974 Honourable Dr. Hohol (Legislature 17, Session 3)

L17 S3 5274

Alberta — Bills

1974 Bill Third Session, 17th Legislature, 23 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL The Public Service Pension Amendment Act, 1974 HONOURABLE DR. HOHOL First Reading Second Reading Third Reading Printed by L. S. WALL, Queen's Printer for the Province of Alberta, EDMONTON Bill BILL TH'E PUBLIC SERVICE PENSION AMENDMENT ACT, 1974 (Assented to , 1974) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1. The Public Service Pension Act is hereby amended. 2.

Section is ame,nded (

a) as to subsection (2), clause (

b) by ,gtriking out the figure "60" and by substituting the figure "55", (

b) as to subsection (4), clause (

b) by st.riking orilt the figure "60" and by sUbstituting the figure "55", (

c) as to subsection (6) by striking out the words "N otwi1thstanding subsections (2) and (4), where" and by subst.ituting the, word "Where". 3. This Act comes into force on the day upon which it is assented to. Explanatory Notes l. This Bill will amend

chapter of the Revised Statutes of Alberta 1970. 2. In the age at which a former employee could receive a deferred pension was lowered from to 55. By an oversight two references to age were left in

section and are now corrected. Subsection (6) reads:

(6) Notwithstanding subsections (2) and (4), where a former employee has attained the age of 55 years he may be paid a deferred pension commencing at any time prior to the age of 65 years if at that time the sum ,of his attai.ned age and pensionable s,ervice, calculated in each case to the nearest complete month, equals not less than 85 years. Title: 1974 (17th, 3rd) Bill 8, The Public Service Pension Amendment Act, 1974

Document details

Collection	Alberta — Bills
Citation	L17 S3 5274
Type	bill
Volume / chapter	L17 S3 5274
Language	en
Format	json
Source	PROVINCIAL
Identifier	d325b45d1f503b0f6640027c198a3450512537c0

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