Bill 113 (Legislature 11, Session 5)

L11 S5 6910

Alberta — Bills

Bill No. 113 of 1952. ~ ~ILL TO AMEND THE TEACHERS' RETIREMENT FUND ACT. NOTE. This Bill amends The Teachers' Retirement Fund Act, being

chapter of the Revised Statutes of Alberta, 1942.

Section is amended. The effect .of the amendment is to permit an increase in the contributions made by teachers to the Teachers' Retirement Fund. Formerly four per cent of the annual salary .of the teacher from teaching was the required contribution. By this amendment the Board of Administrators, by by-law, may set the percentage of the teacher's salary which is to be S.o contributed. The minimum percentage is four per cent, while the maximum percentage which the by-law may set is seven per cent.

Section 9, subsection (2) is amended to make it clear that all by-laws and regulations of the Board of Administrators require the approval of the Lieutenant Governor in Council. This Bill comes into force on the 1st day of September, 1952. J. W. RYAN, Acting Legislative Counsel. (This note does not form any part of the Bill but is offered in explanation of its provisions.) BILL No. 113 of 1952.

An Act to amend The Teachers' Retirement Fund Act. (Assented to , 1952.) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Teachers' Retirem,ent Fund Act, being

chapter of the Revised Statutes of Alberta, 1942, is hereby amended. 2. Secti-on is amended:

Section amended (

a) by striking out the words "to foul' per cent of his salary as a teacher" where they occur in subsection (1), and by substituting the words "to such per cent not being less than four ,per cent nor more than seven per cent of his salary as a teacher as may be determined by the Board by by-law"; (

b) by striking out the words "four per cent" where they occur in subsecUon (2), and by substituting the words ", such per cent as may have been deter mined by by-'law of the Board pursuant to sub section (1) ,". 3.

Section is amended by: striking out subsection (2) ~;;;~d~J and by substituting the foHowmg: "

(2) All regulations and by-laws m'ade, enacted or passed by the BOaJrd, bef.ore having any force or effect, shall be approved by the Lieutenant Governor in Council and be published once in The Alberta Gazette.". 4. Thl's Act shall come into force on the 1st day of ~oming mto force September, 1952. No. 113. FIFTH SESSION ELEVENTH LEG~LATURE Elizabeth II BILL

An Act to amend The Teachers' Retirement Fund Act. Recei ved and read the First time ........................................ . Second time ...................................... . Third time ........ . RON. MR. CASEY. Title: 1952 (11th, 5th) Bill 113,

An Act to amend The Teachers' Retirement Fund Act

Document details

Collection	Alberta — Bills
Citation	L11 S5 6910
Type	bill
Volume / chapter	L11 S5 6910
Language	en
Format	json
Source	PROVINCIAL
Identifier	de839f6cae7410b09329656020d5283d58a2a4fc

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