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Third Session, Thirty-Eighth 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 48

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:

C.C.S.M. c. T20 amended

1           Subsection 52(1) of The Teachers' Pensions Act is amended

(a) in clause (a), by striking out "5.7%" and substituting "6.8%"; and

(b) in clause (b), by striking out "7.3%" and substituting "8.4%".

Coming into force

2           This Act comes into force on a day to be fixed by proclamation.

Explanatory Note

This Bill increases the amount that teachers contribute to the pension fund.