57

 


Second Session, 46th General Assembly

58 Elizabeth II, 2009

BILL 57

AN ACT TO AMEND THE TEACHERS'
PENSIONS ACT

Received and Read the First Time...................................................................................................

Second Reading.................................................................................................................................

Committee............................................................................................................................................

Third Reading.....................................................................................................................................

Royal Assent......................................................................................................................................

HONOURABLE THOMAS W. MARSHALL, Q.C.

Minister of Finance and President of Treasury Board

Ordered to be printed by the Honourable House of Assembly

 

EXPLANATORY NOTE

This Bill would amend the Teachers' Pensions Act to allow teachers to purchase pensionable service for periods of absence due to a lawful strike or lock out for a period of time agreed to as part of the Newfoundland and Labrador Teachers' Association Collective Agreement.

A BILL

AN ACT TO AMEND THE TEACHERS'
PENSIONS ACT

Analysis


        1.    S.12.1 Amdt.
Strike and lockout

        2.   Commencement


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

SNL1991 c17
as amended

        1. (1) Subsection 12.1(2) of the Teachers' Pensions Act is repealed and the following substituted:

             (2)  Where a teacher has had a period of absence due to a lawful strike or lockout that occurred before September 1, 2008, and wishes to purchase pensionable service for that period of absence, that teacher must, not later than June 30, 2009, elect to have that period of absence credited as pensionable service.

             (2)  Subsection 12.1(3) of the Act is amended by deleting the date "September 1, 2002" and substituting the date "September 1, 2008".

Commencement

        2. This Act shall be considered to have come into force on March 9, 2009.