4th Session, 42nd Legislature
This HTML version is provided for ease of use and is based on the bilingual version that was distributed in the Legislature after First Reading.
THE TEACHERS' PENSIONS AMENDMENT ACT
(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
The Teachers' Pensions Act is amended by this Act.
Subsection 41(1) is amended by striking out "seven members" and substituting "nine members".
The following is added after
Appointment of member nominated by RTAM
One of the board members must be appointed from a list of nominees provided to the minister by the Retired Teachers' Association of Manitoba Inc.
Subsection 41(7) is amended by striking out "Four members" and substituting "Five members".
Subsection 41(8) is amended
(a) by striking out "four members" and substituting "five members"; and
(b) by striking out "those four" and substituting "those five".
Coming into force
This Act comes into force on the day it receives royal assent.
This Bill amends The Teachers' Pensions Act to add two members to the Teachers' Retirement Allowances Fund Board. One of the two new members must be a nominee of the Retired Teachers' Association of Manitoba Inc.
The provisions respecting quorum are adjusted to reflect the increased number of board members.