Acts and Regulations

T-1 - Teachers’ Pension Act

Full text
Mode of election
6(1)Every election under this Act
(a) is to be made in writing and signed by the contributor while still employed as a teacher,
(b) is to be in the form prescribed by regulation,
(c) is to be forwarded to the Minister within the time prescribed by this Act, and
(d) is irrevocable except as provided by regulation.
When election void
6(2)An election under this Act is void in so far as it is an election to pay for
(a) any period of service that the elector is entitled to count for the purposes of the Superannuation Act or the pension plan converted to a shared risk plan in accordance with An Act Respecting Public Service Pensions,
(b) Repealed: 1986, c.78, s.2
(c) any period of service occurring after August 31, 1966 during which the person was under eighteen years of age.
Election respecting part of service
6(3)A contributor who is entitled under this Act to elect to pay for a period of service is entitled to elect to pay for part only of that period but only that part that is most recent.
Method of payment respecting election
6(4)Any amount required by paragraph 4(1)(b) to be paid by a contributor in respect of any period of service for which he or she has elected to pay shall be paid by him or her into the Teachers’ Pension Fund,
(a) in a lump sum at the time of making the election, or
(b) in instalments over a period determined by the Minister, such period not to exceed the period of service in respect of which the election is made and subject to interest.
Cessation of instalment payments
6(5)Where a contributor, who has elected under this Act to pay for any period of service and has undertaken to pay for that service in instalments, ceases to be employed as a teacher before all the instalments have been paid, the unpaid instalments shall be reserved from any pension benefit payable to him or her under this Act, and in the event of his or her death the unpaid instalments are to be recovered from any pension payable under this Act to his or her surviving spouse, surviving common-law partner, children or other dependant, if the surviving spouse, surviving common-law partner, children or other dependant, as the case may be, desires the period of service represented by the unpaid instalments to be used in the computation of the pension.
1966, c.29, s.6; 1974, c.48(Supp.), s.2; 1986, c.78, s.2; 2008, c.45, s.37; 2013, c.44, s.46
Mode of election
6(1)Every election under this Act
(a) is to be made in writing and signed by the contributor while still employed as a teacher,
(b) is to be in the form prescribed by regulation,
(c) is to be forwarded to the Minister within the time prescribed by this Act, and
(d) is irrevocable except as provided by regulation.
When election void
6(2)An election under this Act is void in so far as it is an election to pay for
(a) any period of service that the elector is entitled to count for the purposes of the Superannuation Act or the Public Service Superannuation Act,
(b) Repealed: 1986, c.78, s.2
(c) any period of service occurring after August 31, 1966 during which the person was under eighteen years of age.
Election respecting part of service
6(3)A contributor who is entitled under this Act to elect to pay for a period of service is entitled to elect to pay for part only of that period but only that part that is most recent.
Method of payment respecting election
6(4)Any amount required by paragraph 4(1)(b) to be paid by a contributor in respect of any period of service for which he or she has elected to pay shall be paid by him or her into the Teachers’ Pension Fund,
(a) in a lump sum at the time of making the election, or
(b) in instalments over a period determined by the Minister, such period not to exceed the period of service in respect of which the election is made and subject to interest.
Cessation of instalment payments
6(5)Where a contributor, who has elected under this Act to pay for any period of service and has undertaken to pay for that service in instalments, ceases to be employed as a teacher before all the instalments have been paid, the unpaid instalments shall be reserved from any pension benefit payable to him or her under this Act, and in the event of his or her death the unpaid instalments are to be recovered from any pension payable under this Act to his or her surviving spouse, surviving common-law partner, children or other dependant, if the surviving spouse, surviving common-law partner, children or other dependant, as the case may be, desires the period of service represented by the unpaid instalments to be used in the computation of the pension.
1966, c.29, s.6; 1974, c.48(Supp.), s.2; 1986, c.78, s.2; 2008, c.45, s.37
Mode of election
6(1)Every election under this Act
(a) is to be made in writing and signed by the contributor while still employed as a teacher,
(b) is to be in the form prescribed by regulation,
(c) is to be forwarded to the Minister within the time prescribed by this Act, and
(d) is irrevocable except as provided by regulation.
When election void
6(2)An election under this Act is void in so far as it is an election to pay for
(a) any period of service that the elector is entitled to count for the purposes of the Superannuation Act or the Public Service Superannuation Act,
(b) Repealed: 1986, c.78, s.2
(c) any period of service occurring after August 31, 1966 during which the person was under eighteen years of age.
Election respecting part of service
6(3)A contributor who is entitled under this Act to elect to pay for a period of service is entitled to elect to pay for part only of that period but only that part that is most recent.
Method of payment respecting election
6(4)Any amount required by paragraph 4(1)(b) to be paid by a contributor in respect of any period of service for which he has elected to pay shall be paid by him into the Teachers’ Pension Fund,
(a) in a lump sum at the time of making the election, or
(b) in instalments over a period determined by the Minister, such period not to exceed the period of service in respect of which the election is made and subject to interest.
Cessation of instalment payments
6(5)Where a contributor, who has elected under this Act to pay for any period of service and has undertaken to pay for that service in instalments, ceases to be employed as a teacher before all the instalments have been paid, the unpaid instalments shall be reserved from any pension benefit payable to him under this Act, and in the event of his death the unpaid instalments are to be recovered from any pension payable under this Act to the surviving spouse, children or other dependant of the contributor, if the surviving spouse, children or other dependant, as the case may be, desires the period of service represented by the unpaid instalments to be used in the computation of the pension.
1966, c.29, s.6; 1974, c.48(Supp.), s.2; 1986, c.78, s.2