Acts and Regulations

M-8 - Members Superannuation Act

Full text
Contribution of Members to the Account
5(1)Each member shall contribute to the Members Superannuation Account an amount equal to nine per cent of his indemnity.
5(2)In addition to his contribution under subsection (1), each minister shall contribute to the Members Superannuation Account an amount equal to six per cent of his salary.
5(3)Where a member receives a portion of an indemnity under the Legislative Assembly Act, he shall be deemed, for the purposes of this Act, to have received the indemnity, and shall contribute under subsection (1) the amount he would be required to contribute if he had received the indemnity.
1968, c.8, s.6; 1973, c.57, s.1; 1978, c.36, s.2; 1978, c.81, s.1; 1993, c.64, s.15
Contribution of Members to the Account
5(1)Each member shall contribute to the Members Superannuation Account an amount equal to nine per cent of his indemnity.
5(2)In addition to his contribution under subsection (1), each minister shall contribute to the Members Superannuation Account an amount equal to six per cent of his salary.
5(3)Where a member receives a portion of an indemnity under the Legislative Assembly Act, he shall be deemed, for the purposes of this Act, to have received the indemnity, and shall contribute under subsection (1) the amount he would be required to contribute if he had received the indemnity.
1968, c.8, s.6; 1973, c.57, s.1; 1978, c.36, s.2; 1978, c.81, s.1; 1993, c.64, s.15