Bill 12 — First Session, 27Th Legislature, 57 Elizabeth Ii the Legislative Assembly of Alberta Bill 12 Teachers’ Pension Plans Amendment Act, 2008 (Legislature 27, Session 1)

L27 S1 651

Alberta — Bills

2008 Bill 12 First Session, 27th Legislature, 57 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 12 TEACHERS’ PENSION PLANS AMENDMENT ACT, 2008 THE MINISTER OF FINANCE AND ENTERPRISE First Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Second Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Committee of the Whole . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Third Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Royal Assent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Bill 12 BILL 12 2008 TEACHERS’ PENSION PLANS AMENDMENT ACT, 2008 ( A s s e n t e d t o , 2 0 0 8 ) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: Amends RSA 2000 cT-1 1 The Teachers’ Pension Plans Act is amended by this Act. 2

Section 26 is repealed and the following is substituted: Transitional — September 1, 2007 to August 31, 2009 additional contributions 26(1) Notwithstanding anything in this Act except this section, or anything in the regulations or the plan rules, the Crown shall ensure that there is or has been paid, out of money voted by the Legislature and in whatever manner the Crown considers appropriate, all additional contributions that, but for this section, would be payable by contributing active members under

section 19(5)(

a) on pensionable salary paid to them in respect of the period from September 1, 2007 to August 31, 2009, including interest, if any, due on such contributions.

(2) Additional contributions referred to in subsection (1) are to be treated as additional contributions paid by the Crown, as one of the employer-contributors, under

section 19(5)(b). (3) Subsection (1) does not apply to additional contributions paid or payable where the employer-contributor is one that was listed in the

Schedule to the Teachers’ Pension Plans 1

Explanatory Notes 1 Amends

chapter T-1 of the Revised Statutes of Alberta 2000. 2 Transitional - September 1, 2007 to August 31, 2009 additional contributions. 1 Explanatory Notes

(Legislative Provisions) Regulation (AR 204/95) as at the beginning of September 2007.

(4) Prepayments made before the enactment of this

section of money that became payable as the result of that enactment are validated notwithstanding any lack of legal authorization to make the payments at the time they were made. 3 This Act, except

section 2 to the extent that it adds a new

section 26(4) to the principal Act, is deemed to have come into force on September 1, 2007. 2

3 Coming into force. 2 Explanatory Notes

RECORD OF DEBATE Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Title: 2008 (27th, 1st) Bill 12, Teachers’ Pension Plans Amendment Act, 2008

Document details

Collection	Alberta — Bills
Citation	L27 S1 651
Type	bill
Volume / chapter	L27 S1 651
Language	en
Format	json
Source	PROVINCIAL
Identifier	f957ed39086fb7bf28f16d75d7a5affc4a49ae13

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