Thank you, Ms. Lee. Ms. Buckland.
Debates of March 7th, 2002
This is page numbers 427 - 478 of the Hansard for the 14th Assembly, 5th Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was chairman.
Topics
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Buckland
No, the figures that Mr. Hamilton just gave are based on the actuary's calculations of prior service.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Sandy Lee Range Lake
I am sorry. I am just not good with figures. Can I get Mr. Hamilton to explain to me again, I do not understand actuarial value of what the pension would have been had the Members from the 13th Assembly been eligible. I guess what I want to know is if the Members were allowed to do whatever it is they were allowed to do under this thing, if it got passed -- I am really speaking like a lawyer here -- how much would the Members be required to put in and how much would come out of the surplus funds?
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Clerk Of The House Mr. David Hamilton
Mr. Chairman, the total cost of contributions, if all the Members who were Members -- and there are nine Members who would be eligible to buy back their service in the 13th Assembly -- the total cost to do that would be about $970,000 for those nine Members to buy back their pension.
If this amendment was passed, then those nine Members -- if they chose to do it, of course, it is a choice -- if they choose to elect to buy back, would have to pay the contribution of 2.5 percent.
I apologize, Mr. Chairman. These figures are not accurate. They are within a range. The Member's contribution would be $90,000 to $100,000 of that $970,000. The $870,000, if it is $100,000, the $870,000 would come from the surplus.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Sandy Lee Range Lake
Just for the record, Mr. Chairman, obviously it is not a surprise that I will be voting against this motion, but I have to just put it on record that I do understand and appreciate the grievances the Members who were Members of the 13th Assembly have about what has transpired here. I do not know why, but I feel it is important to state that, but my vote will be no, regardless. Thank you.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
The Chair Paul Delorey
Thank you, Ms. Lee. To the motion. Question has been called. All those in favour? Opposed? The motion is defeated. Page 3, clause 5.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 464
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 465
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 465
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 7th, 2002
Page 465
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 465
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 465
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 465
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 465
Some Hon. Members
Agreed.
Committee Motion 13-14(5): To Amend Clause 5 Of Bill 7 By Substituting New Wording For Proposed Subsections 6(5) And (6) (defeated)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 465