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Bill 24, Community Employees' Benefits Act

Government Bill

12th Assembly, 7th Session

Introduced on March 10, 1995

Bill Sponsor

Events

Timeline of key legislative events

  • First Reading
    Completed March 10, 1995 (Debate | Vote)
  • Second Reading
    Completed March 10, 1995 (Debate | Vote)
  • Third Reading
    Completed April 25, 1995 (Debate | Vote)
  • Commissioner's Assent
    Completed April 27, 1995 (Debate)

    • Status

    Bill Text



    Related Votes

    April 25, 1995 Passed Thank you, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member for Hay River, that Bill 24, Community Employees' Benefits Act, be read for the third time. Thank you.
    March 10, 1995 Passed Thank you, Mr. Speaker. I move, seconded by the honourable Member for Hay River, that Bill 24, Community Employees' Benefits Act, be read for the second time. Mr. Speaker, this bill repeals and replaces the Municipal Employees' Benefits Act and continues the municipal employees benefits program board as the community employees benefits program board under the new act. The board is a corporation charged with the responsibility for administering pension and other benefit plans on behalf of the employees of employers that participate in the plans. A range of employers that perform public government functions are eligible to apply to participate in benefit plans administered by the board, including municipal and settlement corporations, public agencies, housing associations and authorities, treaty and land claim organizations, and Indian bands and organizations established to implement the division of the territories. The board must establish trust funds for the benefit of employees participating in benefit plans and must deposit contributions from employers and employees in the trust funds. In the event of the failure of an employer to pay contributions or to fulfil its obligations under the act and the regulations, the board can suspend or terminate the employer's participation in a benefit plan. The board is required to prepare an annual report each year, which includes financial statements and an auditor's report and, every three years, the board must have an actuarial evaluation to determine if the trust funds are fully funded. If the trust funds are not fully funded, the board must prepare a financial plan outlining how it proposed to return the trust funds to a position where they are fully funded. Thank you, Mr. Speaker.
    March 10, 1995 Passed Thank you, Mr. Speaker. I move, seconded by the honourable Member for Hay River, that Bill 24, Community Employees' Benefits Act, be read for the first time. Thank you.

    Discussion & Mentions

    Assent To Bills
    Assent To Bills

    April 27th, 1995

    Page 1108


    See context

    Commissioner Maksagak

    As Commissioner of the Northwest Territories, it gives me pleasure to assent to the following bills: Bill 1, Appropriation Act, No. 2, 1995-96; Bill 13, An Act to Amend the Fair Practices Act; Bill 16, An Act to Amend the Retirement Plan Beneficiaries Act; Bill 22, Forgiveness of Debts Act, 1994-95; Bill 23, Write-off of Debts Act, 1994-95; Bill 24, Community Employees' Benefits Act; Bill 27, An Act to Amend the Land Titles Act; and, Bill 30, Deficit Elimination Act. Thank you.

    ---Applause

    Bill 24: Community Employees' Benefits Act
    Item 21: Third Reading Of Bills

    April 25th, 1995

    Page 1039


    See context

    Kelvin Ng Kitikmeot

    Thank you, Mr. Speaker. Mr. Speaker, I move, seconded by the honourable Member for Hay River, that Bill 24, Community Employees' Benefits Act, be read for the third time. Thank you.

    Bill 24: Community Employees' Benefits Act
    Item 18: Second Reading Of Bills

    March 9th, 1995

    Page 605


    See context

    Kelvin Ng Kitikmeot

    Thank you, Mr. Speaker. I move, seconded by the honourable Member for Hay River, that Bill 24, Community Employees' Benefits Act, be read for the second time. Mr. Speaker, this bill repeals and replaces the Municipal Employees' Benefits Act and continues the municipal employees benefits program board as the community employees benefits program board under the new act.

    The board is a corporation charged with the responsibility for administering pension and other benefit plans on behalf of the employees of employers that participate in the plans. A range of employers that perform public government functions are eligible to apply to participate in benefit plans administered by the board, including municipal and settlement corporations, public agencies, housing associations and authorities, treaty and land claim organizations, and Indian bands and organizations established to implement the division of the territories.

    The board must establish trust funds for the benefit of employees participating in benefit plans and must deposit contributions from employers and employees in the trust funds. In the event of the failure of an employer to pay contributions or to fulfil its obligations under the act and the regulations, the board can suspend or terminate the employer's participation in a benefit plan.

    The board is required to prepare an annual report each year, which includes financial statements and an auditor's report and, every three years, the board must have an actuarial evaluation to determine if the trust funds are fully funded. If the trust funds are not fully funded, the board must prepare a financial plan outlining how it proposed to return the trust funds to a position where they are fully funded. Thank you, Mr. Speaker.

    Bill 24: Community Employees' Benefits Act
    Item 17: First Reading Of Bills

    March 9th, 1995

    Page 604


    See context

    Kelvin Ng Kitikmeot

    Thank you, Mr. Speaker. I move, seconded by the honourable Member for Hay River, that Bill 24, Community Employees' Benefits Act, be read for the first time. Thank you.