Manitoba Hansard — 39 2 b212e.php

39-2 b212e.php

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Home → Legislative Business → Bills → 39-2

Status of bills in this Session.

Second Session, Thirty-Ninth Legislature

This version is based on the printed bill that was distributed in the Legislature after First Reading.

It is not the official version. If accuracy is critical, you can obtain a copy of the printed bill from Statutory Publications or view the online bilingual version (PDF) .

Bill 212

THE TEACHERS' PENSIONS AMENDMENT ACT

Explanatory Note

(Assented to )

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:

C.C.S.M. c. T20 amended

The Teachers' Pensions Act is amended by this Act.

2(1)

Subsection 41(1) is amended

(

a) by striking out " seven " and substituting " nine "; and

(

b) by adding " , at least one of whom has investment management experience " at the end.

2(2)

The following is added after subsection 41(5):

Appointment of member nominated by RTAM

41(5.1)

One of the board members must be a retired teacher appointed from a list of nominees provided to the minister by the Retired Teachers' Association of Manitoba Inc.

2(3)

Subsection 41(7) is amended by striking out " Four " and substituting " Five ".

2(4)

Subsection 41(8) is amended by striking out " four " wherever it occurs and substituting " five ".

Coming into force

This Act comes into force 30 days after the day it receives royal assent.

Explanatory Note

This Bill amends the

section of The Teachers' Pensions Act about the Teachers' Retirement Allowances Fund Board by

increasing the number of board members to nine;

requiring at least one member to have investment management experience; and

requiring one member to be a retired teacher nominated by the Retired Teachers' Association of Manitoba Inc.

Document details

Collection	Manitoba — Debates (Hansard)
Citation	39-2 b212e.php
Type	bill
Volume / chapter	39 2 b212e.php
Language	en
Format	html
Source	PROVINCIAL
Identifier	db2f868e137be2610f8a71fd546819372b4c2476

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