The Teachers Superannuation and Disability Bene fi ts Amendment Act, 2016 (28th Legislature, 1st Session)

Bill 3 (28L1S)

Saskatchewan — Bills

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The Teachers Superannuation and Disability Bene fi ts Amendment Act, 2016 (28th Legislature, 1st Session)

Bill 3 (28L1S)

Saskatchewan — Bills

B I L L No. 3

An Act to amend The Teachers Superannuation and Disability Benefi ts 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 Superannuation and Disability Bene fi ts Amendment Act, 2016. S.S. 1994, c.T-9.1 amended The Teachers Superannuation and Disability Benefi ts Act is amended in the manner set forth in this Act.

Section amended Clause 27(2)(

f) is repealed.

Section amended 4(1) Subsection 43(1) is amended by striking out “ subsection (2) or (3) ” and substituting “subsection (2), (3) or (3.1)”. (2) Subsection 43(3) is amended in the portion preceding clause (

a) by adding “and ending on June 30, 2016” after “For the period commencing on July 1, 2009”.

(3) The following subsection is added after subsection 43(3): “

(3.1) For the period commencing on July 1, 2016, the amount to be paid pursuant to subsection (1) with respect to a teacher is: (

a) in the case of a teacher who is required to contribute to the Canada Pension Plan: (i) 7.25% of the amount of the teacher’s salary that is equal to or less than the year’s maximum pensionable earnings; and (ii) 9.25% of the amount, if any, by which the teacher’s salary exceeds the year’s maximum pensionable earnings; or (

b) in any other case, 9.25% of the teacher’s salary ”. Coming into force This Act comes into force on assent. Printed under the authority of The Speaker of the Legislative Assembly of Saskatchewan B I L L No. 3

An Act to amend The Teachers Superannuation and Disability Benefi ts Act FIRST SESSION Twenty-eighth Legislature SASKATCHEWAN Received and read the First time Second time Third time And passed Honourable Don Morgan

Document details

CollectionSaskatchewan — Bills
CitationBill 3 (28L1S)
Typebill
Volume / chapter28L1S Bill28 3.pdf
Languageen
Formatpdf
SourcePROVINCIAL
Identifierd52067f6c741b37d72007992e0a4909d76c01c17

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