R.S.M. 1987, c. T20
The Teachers' Pensions Act
Table of Contents
1 | Definitions. | |
(2) | Average annual salary. | |
(3) | Calculation of retirement allowance under former Act. | |
(4) | Period when teacher not eligible under Canada Pension Plan. | |
2 | Period of common-law relationship. | |
3 | Application. | |
4 | Payment of pensions and disability allowances. | |
5 | Retirement allowance under former Act | |
(2) | Disability allowance under former Act | |
6 | Calculation of pension. | |
FORMULA | ||
(2) | Pension at normal retirement age. | |
(3) | Maximum eligibility age. | |
(4) | Pension on retirement. | |
(5) | Pension after age 55. | |
(6) | Pension on retirement after 1984. | |
(7) | Maximum pension. | |
(8) | Determination of designated seven years. | |
(9) | Determination of designated five years of service. | |
(10) | Determination of designated service for part-time service. | |
(11) | Determination of annualized salary in certain cases. | |
(12) | Definition of "part-time service". | |
7 | Service before 1925. | |
8 | Annuity on death of teacher. | |
(2) | Reduction in pension to surviving spouse. | |
(3) | Directions not to pay spouse. | |
(4) | Application of subsec. 10(4). | |
(5) | Application of section. | |
(6) | Service after December 31, 1984. | |
9 | Deferred pension. | |
(2) | Reduction in pensions. | |
(3) | Deferred pensions after 1984. | |
(4) | Subsequent service included. | |
(5) | Allowance increases. | |
10 | Pension adjustments. | |
(2) | Partial pension adjustment. | |
TABLE | ||
(3) | Interim pension adjustment. | |
TABLE | ||
(4) | Pension adjustment to beneficiary. | |
(5) | Calculation of benefit index. | |
(6) | Approval of benefit index. | |
(7) | Calculation of pension adjustment. | |
FORMULA | ||
(8) | Actuarial reduction in pension adjustment. | |
(9) | Calculation of adjustment on family division of pension. | |
FORMULA | ||
11 | Guaranteed retirement allowance or other plan. | |
(2) | Amount of pension under alternative plan. | |
(3) | Payment of guaranteed retirement allowance. | |
(4) | Change of designated recipient | |
(5) | Designation by inoperative will. | |
(6) | Where section not to apply. | |
(7) | Pension for married persons. | |
(8) | Definitions. | |
12 | Payment to Winnipeg pensioners. | |
(2) | Payment of supplementary pension. | |
(3) | Maximum pension. | |
(4) | Payment to recipients of special Winnipeg disability allowances. | |
(5) | Payment to special Winnipeg annuitants. | |
13 | Payments to Winnipeg pensioners not entitled to pension under Act. | |
(2) | Servicemen's pensions. | |
14 | Payment of deferred pension. | |
(2) | Deferred Winnipeg pensions. | |
(3) | Idem. | |
(4) | Payment by Winnipeg to trust account. | |
(5) | Refund to Winnipeg. | |
15 | Retirement allowances in special cases. | |
16 | Deferring pension. | |
(2) | Payment of deferred pension. | |
17 | Right to work while receiving pension. | |
18 | Election to continue to earn service. | |
(2) | Effect of election. | |
19 | Total and permanent disability. | |
(2) | Application of section after June 30, 1980. | |
20 | Partial disability allowance. | |
(2) | Application of subsec. (1) after June 30, 1980. | |
21 | Medical certificate. | |
(2) | Report to be furnished. | |
(3) | Medical report. | |
(4) | Disposal of application. | |
(5) | Change of disability allowance. | |
(6) | Effect of re-employment on disability allowance. | |
(7) | Effect of payments under Workers Compensation Act. | |
(8) | No disability allowance until after sick leave used. | |
22 | Monthly instalments. | |
23 | First instalment. | |
(2) | Termination of pension or disability allowance. | |
24 | Reduction in pensions, etc. of persons receiving annuities under Winnipeg pension by-law. | |
(2) | Special employment with Winnipeg division. | |
25 | Deduction of certain insurance premiums. | |
26 | Refund of contributions on ceasing to be teacher. | |
(2) | Postponement of refund. | |
(3) | Refund on death. | |
(4) | Refund on death for service after 1984. | |
(5) | Other benefits on death for service after 1984. | |
(6) | Refunds of contributions under former Act. | |
(7) | Refund of contributions made under former Act and this Act. | |
(8) | Refund after disability allowance. | |
(9) | Accruals on contributions made after 1983. | |
27 | Certain contributions not refundable. | |
(2) | Determination of service for certain purposes. | |
(3) | Certain contributions after 1984 not refundable. | |
(4) | Determination of service for subsec. (3). | |
28 | Lump sum benefit instead of monthly payment. | |
29 | Refund by instalments. | |
(2) | Transfer of contributions to another fund. | |
30 | Refund on death of beneficiaries. | |
(2) | Definition of "contributions" for subsec. (1). | |
(3) | Application of section to additional contributions. | |
31 | Contributions over 50% of commuted value. | |
(2) | Adjustment account credits. | |
32 | Division of pension benefit credit. | |
(2) | Reduction in credits on division of assets. | |
(3) | Reduction of pension on division of assets. | |
(4) | Reduction of death benefit after division of assets. | |
33 | Annuity to surviving spouse. | |
34 | Remittance of refund. | |
35 | Remittance of refund without returning to teaching. | |
(2) | Service credit after returning to teach. | |
(3) | Application of funds for purposes of a reciprocal transfer. | |
36 | Remittance of refund at actuarial cost. | |
(2) | Terms of payment of remittance. | |
37 | Annuity payable from contributions when not otherwise eligible. | |
38 | Remittance of refund for purposes of a reciprocal transfer. | |
(2) | Additional payment for the purpose of a reciprocal transfer. | |
39 | Refund or pension or allowance for extra contributions. | |
(2) | Additional contributions used as remittance. | |
40 | Written application. | |
(2) | Exception. | |
(3) | Applicants to supply information. | |
(4) | Information re: age of others. | |
41 | Continuation of board and appointment of members. | |
(2) | Board a corporation entity. | |
(3) | Corporations Act not to apply. | |
(4) | Capacity of natural person. | |
(5) | Selection of members. | |
(6) | The chairman and vice-chairman. | |
(7) | Quorum. | |
(8) | Authority to act when vacancies occur. | |
(9) | Casting vote. | |
(10) | Remuneration and expenses. | |
(11) | Regulations as to procedure. | |
(12) | Reciprocal arrangements. | |
(13) | "Reciprocating employer" defined. | |
(14) | Reciprocal agreements | |
(15) | Payments under agreements. | |
42 | Continuation of investment committee. | |
(2) | Duties of Assistant Deputy Minister of Finance. | |
(3) | Duties of investment committee. | |
43 | Actuary. | |
(2) | Staff. | |
44 | Payment of administration expenses. | |
(2) | Fees for actuarial expenses. | |
45 | Further powers of board. | |
(2) | Extension of time limits. | |
(3) | Limitation on credit of interest to Account A. | |
(4) | Actuarial appraisals of funds. | |
(5) | Basis of determining actuarial values | |
(6) | Payments to fund. | |
(7) | Payments to fund. | |
46 | Fund continued. | |
47 | Two accounts. | |
(2) | Payments from accounts. | |
(3) | Transfers from Account B to Account A. | |
(4) | Calculation of certain pensions and disability allowances for subsection (3). | |
(5) | Transfer for interest on refunded contributions. | |
(6) | Transfers for amounts paid under subsecs. 26(5) and 32(1). | |
(7) | Treatment of pre-July, 1973 transferred service. | |
48 | Account A | |
(2) | Account B. | |
49 | Pension adjustment account continued. | |
(2) | Teachers contributions to pension adjustment account. | |
(3) | Pension adjustments charged to account. | |
(4) | Interest on pension adjustment account. | |
(5) | Rate of interest. | |
(6) | Transfer of surplus. | |
50 | Investments. | |
(2) | Permissible investments. | |
(3) | Fluctuations in values. | |
(4) | Investments properly held under former Act. | |
(5) | Duties of board respecting investments, records, and accounts. | |
(6) | Sale of investments. | |
(7) | Losses on investments. | |
(8) | Uninvested money. | |
(9) | Authority for temporary borrowing. | |
51 | Fiscal year. | |
(2) | Audit. | |
(3) | Annual report. | |
(4) | Tabling of report in assembly. | |
52 | Teachers' contributions. | |
(2) | Increase in contributions. | |
(3) | Contributions by substitutes. | |
(4) | Contributions from disability income. | |
(5) | Reduction in disability income contributions. | |
(6) | Deduction by school district. | |
(7) | Reports by school districts. | |
(8) | Deductions from Crown employed teachers' salaries. | |
(9) | Deductions from university employees' salaries. | |
(10) | Contributions of teachers under subsec. 60(1). | |
(11) | Exchange teachers' contributions. | |
(12) | Foreign exchange teachers exempt. | |
53 | Transfer of contributions from another fund. | |
54 | Contributions by persons in respect of prior service. | |
55 | Conversion of service from seven year to five year average salary. | |
(2) | Basis of actuary report. | |
(3) | Election of persons teaching beyond pension entitlement. | |
(4) | Transitional. | |
56 | Payment for service at actuarial cost. | |
(2) | Terms of payment of remittance. | |
57 | Payment by province on behalf of former Winnipeg pensioners. | |
58 | Government contributions. | |
59 | Broken periods of service. | |
(2) | Number of teaching months in a year. | |
(3) | Computing fractional years of service. | |
60 | Teaching in foreign countries on exchange or assistance. | |
(2) | Teaching on exchange. | |
61 | Service with M.T.S. | |
62 | Specific periods. | |
(2) | Service for First Great War enlistment. | |
(3) | Period of war service counted years of service as a teacher. | |
(4) | Contributions required for war service in certain cases. | |
(5) | Additional pension applied against required contributions. | |
(6) | Conditions for payment and rate of salary determined by board. | |
(7) | Periods included under former Act. | |
63 | Periods not included in years of service. | |
(2) | Time on disability allowance not included in years of service. | |
(3) | Period on leave of absence | |
(4) | Credit for educational leave. | |
(5) | Late applications for educational leave. | |
64 | "Reciprocating Manitoba employer" defined. | |
(2) | Periods of service to be combined. | |
(3) | Calculation of benefits. | |
(4) | Payment of benefits. | |
(5) | Transfer of moneys to reciprocating Manitoba employer. | |
(6) | Receipt of moneys from reciprocating Manitoba employer. | |
(7) | Accounting for transfers. | |
(8) | Agreements re qualifying service. | |
(9) | Effect of agreement. | |
65 | Eligible employees. | |
(2) | Contribution on becoming eligible employee. | |
(3) | Contributions in respect of salary. | |
66 | Right of eligible employee to pensions | |
(2) | Reduction for an annuity. | |
67 | Additional payment by society. | |
(2) | Payment of fund. | |
68 | Department of Education and Faculty of Education employees continued. | |
(2) | Contribution on making election. | |
(3) | Payments by C. S. S. F. Board. | |
(4) | Contributions to fund in respect of salary. | |
(5) | Salary deemed to be for service as a teacher. | |
(6) | Withdrawal from other pension plan. | |
(7) | Payment by securities. | |
69 | Academic staff becoming employees of department. | |
(2) | Contribution on making election. | |
(3) | Contributions to the fund. | |
(4) | Rights of person making election. | |
(5) | Transfers deemed payment. | |
70 | Payments from fund not subject to debt. | |
(2) | Payments from fund not assignable. | |
71 | Payment to mentally incompetent. | |
72 | Effect of repeal of Winnipeg by-law. | |
(2) | Effect of Repeal of Teachers* Retirement Allowances Act. | |
73 | Regulations. | |
MONEY PURCHASE ACCOUNT | ||
74 | Establishment of money purchase accounts. | |
(2) | Money purchase accounts not liable to general liabilities of board. | |
(3) | Charges to money purchase accounts. | |
(4) | Participation in earnings. | |
(5) | Transfers from money purchase accounts. | |
(6) | Conversion of money purchase accounts to annuity. | |
(7) | Obligations of fund for annuity. | |
(8) | Pension adjustments not to apply to annuities. | |
(9) | Rules. | |
75 | Transfers from Account A to Account B. |