First Session, Thirty-Seventh 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.
Bill 45
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:
The Teachers' Pensions Act is amended by this Act.
The following is added after section 63:
Contributions during maternity leave
If a teacher who is granted a period of maternity leave under a collective agreement or in accordance with her employer's policies so elects before the period begins,
(a) she shall continue to contribute to the fund throughout the period the same amounts that she would have had to contribute if she had not been on leave and her annual salary rate during the period had remained the same as her annual salary rate immediately before the period; and
(b) the period shall be included in computing her years of service.
Purchase of service for prior maternity leave
If before subsection (1) came into force a teacher was granted a period of maternity leave described in that subsection, she may, if she is still entitled to a pension under this Act but has not yet begun to receive the pension, purchase the service for the period by
(a) filing with the board before July 3, 2002 an application in a form prescribed by the board; and
(b) agreeing to contribute to the fund, as a lump sum or by instalments as determined by the board, the amount that would have been her total contributions for the period if
(i) her annual salary rate during the period had been equal to her annual salary rate as at the date of the application, and
(ii) the teacher contribution rates applicable to the period were the rates applicable to a period of service after 2000.
This Act comes into force on the day it receives royal assent.