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St. John's, Newfoundland and Labrador, Canada

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Statutes of Newfoundland and Labrador 2006


CHAPTER 11

AN ACT TO AMEND THE PROVINCIAL COURT JUDGES' PENSION PLAN ACT

(Assented to May 26, 2006)

Analysis


        1.   S.5 Amdt.
Contributions

        2.   S.13 Amdt.
Registered survivor benefit

        3.   S.23 Amdt.
Supplementary survivor benefit

        4.   Commencement


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

SNL2004 cP-29.1

        1. Subsection 5(4) of the Provincial Court Judges' Pension Plan Act is repealed and the following substituted:

             (4)  The government of the province shall pay out of the Consolidated Revenue Fund and pay into the fund established under the Pensions Funding Act amounts set by the Minister of Finance in a directive that, in addition to the judge's contributions under subsection (1), are

             (a)  based on the recommendations of the Plans' actuary, required to meet the cost benefits accruing under Part III; and

             (b)  permitted under the Income Tax Act (Canada).

 

        2. Subsection 13(4) of the Act is repealed and the following substituted:

             (4)  Where a pensioner or a judge referred to in subsection (1) dies

             (a)  leaving no surviving principal beneficiary; or

             (b)  leaving a surviving principal beneficiary who dies after that pensioner or judge,

the survivor benefit shall be paid to or for the benefit of his or her surviving children while they are under the age of 18 years or under the age of 25 years while they are in full- time attendance at a recognized school or post- secondary institution.

 

        3. Subsection 23(4) of the Act is repealed and the following substituted:

             (4)  Where a pensioner or a judge referred to in subsection (1) dies

             (a)  leaving no surviving principal beneficiary; or

             (b)  leaving a surviving principal beneficiary who dies after that pensioner or judge,

the survivor benefit shall be paid to or for the benefit of his or her surviving children while they are under the age of 18 years or under the age of 25 years while they are in full- time attendance at a recognized school or post- secondary institution.

Commencement

        4. Section 1 of this Act shall be considered to have come into force on April 1, 2002.