Bill 282 — Fourth Session, 22Nd Legislature, 41 Elizabeth Ii the Legislative Assembly of Alberta Bill 282 Members of the Legislative Assembly Pension Plan Amendment Act (Legislature 22, Session 4)

L22 S4 2485

Alberta — Bills

1992 BILL 282 Fourth Session, 22nd Legislature, 41 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 282 MEMBERS OF THE LEGISLATIVE ASSEMBLY PENSION PLAN AMENDMENT ACT MR. DOYLE First Reading Second Reading Committee of the Whole Third Reading Royal Assent Title: 1992 (22nd, 4th) Bill 282, Members of the Legislative Assembly Pension Plan Amendment Act

Bill 282 Mr. Doyle BILL 282 1992 MEMBERS OF THE LEGISLATIVE ASSEMBLY PENSION PLAN AMENDMENT ACT (Assented to , 1992) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: 1 The Members of the Legislative Assembly Pension Plan Act is amended by this Act. 2

Section 17(3) is amended by adding "ceases to be a member and who" after "who". 3 This Act comes into force on Proclamation. 1

Explanatory Notes 1 This Bill will amend

chapter M-12.5 of the Statutes of Alberta 1985. 2

Section 17(3) presently reads: 17(3) An officer who (

a) ceases or has previously ceased to hold an office other than that of member, (

b) has accumulated at least 1 year’s pensionable service in that office, and (

c) has accumulated at least 5 years’ pensionable service in or in respect of the office of member becomes entitled to receive (

d) where his age and the length of his pensionable service in the office referred to in clause (

a) together amount to not less than 55 years, a pension in an annual amount equal to 4% of his pensionable salary for that office multiplied by the number of years of his pensionable service in that office, and (

e) where his age and the length of his pensionable service in that office together amount to less than 55 years, a pension in an 1

amount that is actuarially equivalent to the normal pension that would be payable to him under clause (

d) if his age were 55 years less the length of that pensionable service. 3 Coming into force. 2 Title: 1992 (22nd, 4th) Bill 282, Members of the Legislative Assembly Pension Plan Amendment Act

Document details

Collection	Alberta — Bills
Citation	L22 S4 2485
Type	bill
Volume / chapter	L22 S4 2485
Language	en
Format	json
Source	PROVINCIAL
Identifier	f37f83c9f06a742aab95e44f0c07bf16fbe26fc4

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