Acts and Regulations

92-152 - Pension Trust Fund

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Revoked on 1 January 2014
NEW BRUNSWICK
REGULATION 92-152
under the
Public Service Superannuation Act
(O.C. 92-953)
Filed December 2, 1992
Under subsection 27(6.5) of the Public Service Superannuation Act, the Lieutenant-Governor in Council makes the following Regulation:
Repealed: 2013, c.44, s.3
1This Regulation may be cited as the Pension Trust Fund Regulation - Public Service Superannuation Act.
2In this Regulation
“Act” means the Public Service Superannuation Act;
“Consumer Price Index” means the Consumer Price Index for Canada published under the authority of the Statistics Act (Canada).
3The amount to be paid by the New Brunswick Liquor Corporation into the pension trust fund under subsection 27(6.4) of the Act is
(a) in the fiscal year 1992-1993, $380,000.00, and
(b) in each subsequent fiscal year, the amount paid under this section in the previous fiscal year increased or decreased by the percentage that is equal to the aggregate of two per cent and the percentage that the average of the Consumer Price Index for the twelve-month period ending June 30 in the previous fiscal year increased or decreased over the average of the Consumer Price Index for the previous twelve-month period.
4(1)The amount to be paid by the New Brunswick Power Corporation into the pension trust fund under subsection 27(6.4) of the Act is
(a) in the fiscal year 1992-1993, $6,182,000.00, and
(b) in each subsequent fiscal year, the amount paid under this subsection in the previous fiscal year increased or decreased by the percentage that is equal to the aggregate of two per cent and the percentage that the average of the Consumer Price Index for the twelve-month period ending June 30 in the previous fiscal year increased or decreased over the average of the Consumer Price Index for the previous twelve-month period.
4(2)In the fiscal year 1992-1993, the New Brunswick Power Corporation shall pay into the pension trust fund an additional amount of $20,200,000.00.
5The amount to be paid by the Workers’ Compensation Board into the pension trust fund under subsection 27(6.4) of the Act is
(a) in the fiscal year 1992-1993, $144,750.00, and
(b) in each subsequent fiscal year, the amount paid under this section in the previous fiscal year increased or decreased by the percentage that is equal to the aggregate of two per cent and the percentage that the average of the Consumer Price Index for the twelve-month period ending June 30 in the previous fiscal year increased or decreased over the average of the Consumer Price Index for the previous twelve-month period.
N.B. This Regulation is consolidated to January 1, 2014.