Legislative Assembly of New Brunswick
Status of Legislation - First Reading Bill
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An Act Respecting Pensions

Legislature :
55
Session :
3
Bill No. :
38
Member :
Hon. Volpé
First Reading :
2006-4-6
Second Reading :
2006-4-12
Committee of the Whole :
Amended :
Third Reading :
2006-6-8
Royal Assent :
2006-6-22
Download PDF :
Bill 38

Text of Bill :
Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:



Provincial Court Judges' Pension Act

1(1)                   Section 1 of the Provincial Court Judges' Pension Act, chapter P-21.1 of the Acts of New Brunswick, 2000, is amended by adding the following definition in alphabetical order:



"plan governor" means the person who has the overall responsibility for the Plan;



1(2)                   The Act is amended by adding after section 33 the following:



Plan governor

33.1                  The Minister of Finance is the plan governor.



Public Service Superannuation Act

2(1)                   Subsection 1(1) of the Public Service Superannuation Act, chapter P-26 of the Revised Statutes, 1973, is amended by adding the following definition in alphabetical order:



"plan governor" means the person who has the overall responsibility for the pension plan established in this Act;



2(2)                   The Act is amended by adding after section 2 the following:



2.1                      The Chairman of the Board of Management is the plan governor.



Teachers' Pension Act

3(1)                   Subsection 1(1) of the Teachers' Pension Act, chapter T-1 of the Revised Statutes, 1973, is amended by adding the following definition in alphabetical order:



"plan governor" means the person who has the overall responsibility for the pension plan established in this Act;



3(2)                   The Act is amended by adding after section 2 the following:



2.1                      The Chairman of the Board of Management is the plan governor.



EXPLANATORY NOTES



Section 1



New provisions.



Section 2



New provisions.



Section 3



New provisions.


 

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