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Thirty-seventh Annual Report of the Business Done in Pursuance of the Teachers' Pensions Act YEAR ENDED… British Columbia. Legislative Assembly 1979

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 PROVINCE OF BRITISH COLUMBIA
Thirty-seventh Annual Report
of the Business Done in Pursuance of the
Teachers' Pensions Act
YEAR ENDED DECEMBER 31
1977
Printed by K. M. MacDonald, Printer to the Queen's Most
in right of the Province of BrJti---Columbia.
1979
Excellent Majesty
ISSN 0703-010X
  To the Honourable Henry P. Bell-Irving, D.S.O., O.B.E., E.D.,
Lieutenant-Governor of the Province of British Columbia
May it please Your Honour:
The undersigned respectfully submits the Report of the business done in pursuance of the Teachers' Pensions Act during the fiscal year ended December 31,
1977.
HUGH A. CURTIS
Provincial Secretary and
Minister of Government Services
Office of the Provincial Secretary and
Minister of Government Services
Victoria, B.C.
January 31, 1979
 The Honourable Hugh A. Curtis,
Provincial Secretary and
Minister of Government Services,
Victoria, B.C.
Sir: I have the honour to lay before you the Report of the business done in
pursuance of the Teachers' Pensions Act during the fiscal year ended December
31,1977.
Respectfully submitted,
J. D. REDO
Commissioner of Teachers' Pensions
January 31, 1979
 TEACHERS' PENSIONS ACT
ANNUAL   REPORT
Report of the Business Done in Pursuance of the Teachers' Pensions Act
During the Fiscal Year Ended December 31, 1977
Section 4n—Cost-of-living supplements totalling $6,096,645 paid during the
year were charged to Pension Account. Financing of these supplements by additional employee and employer contributions, each at the rate of 0.5 per cent
of salary, commenced May 1, 1976. The section provides for a further similar
increase in contributions when the accumulated payments again exceed 1 per cent of
the average annual total of contributory salaries. This 1 per cent of salary rate of
additional contributions commenced April 1, 1978.
Sections 6, 7, and 10—Contributions received from teachers totalled
$31,973,454 made up as follows: $
Basic contributions  28,604,693
Cost-of-living supplementary allowances contributions 2,745,185
Voluntary contributions  46,130
Repayment of refunds for reinstatement         107,966
Contributions for approved periods of leave of absence        256,684
Contributions for approved military or other service        212,796
As at December 31,1977, there were 40,661 teachers with contributory credits
in the Fund, made up as follows:
Current contributors—
Teachers employed by school districts  30,079
Teachers employed other than by school districts  105
Open inactive accounts—
Teachers out of service less than two years  4,992
Teachers with deferred vested pension rights  412
Teachers out of service more than two years  5,073
Section 8 (1)—Employer contributions received from the Minister of Finance
amounted to $31,394,559, made up as follows:
Matching basic and cost-of-Uving supplementary allowances
contributions 31,181,968
Recognition of service         212,591
Section 8 (3), (4), and (5)—Employer contributions received from the British Columbia Teachers' Federation and employers other than school districts for
105 teachers on loan, etc., amounted to $167,910.
Section 8 (7)—The contribution received from the Minister of Finance in
respect of the deficit in the Employer Reserve Account amounted to $5,938,296.
Section 8 (8)—Reimbursement to employers of Canada Pension Plan employer contributions paid by them in respect of employees to whom the Teachers'
Pensions Act applies amounted to $4,682,756.
 6 BRITISH COLUMBIA
Sections 11, 11a, 14, and 15 (1)—Superannuation allowances were granted
in respect of 357 teachers as follows:
Normal retirement age  290
Total and permanent disability . .— 2
Death in service     20
Deferred 45
For analysis and comparative statistics see Schedules 2, 3, and 4 appended.
Transfers totalling $277,971 were received from seven reciprocal pension
plans in respect of 43 contributors upon grant of allowance and in respect of 18
contributors following transfer of service as follows:
Upon grant of allowance— $
College Pension Fund . 1 9,384
Province of Alberta Teachers' Pensions Funds  16 63,534
Province of Manitoba Teachers' Retirement Allowances Fund      3 10,630
Province of Ontario Teachers' Superannuation
Fund .     2 7,483
Province of Quebec Teachers' Pension Fund     2 1,434
Province of Saskatchewan Teachers' Pensions
Funds     19 65,137
During service—
Government  of  Canada  PubUc  Service  Pension
Account  18 120,369
Transfers totalling $975,068 were made to six reciprocal pension plans in
respect of 15 contributors upon grant of aUowance and in respect of six contributors
following transfer of service as foUows:
Upon grant of allowance— $
CoUege Pension Fund 4 345,276
Municipal Superannuation Fund      1 2,215
PubUc Service Superannuation Fund 5 569,401
Province of Alberta Teachers' Pensions Fund     3 17,227
Province of Ontario Teachers' Superannuation
Fund      2 2,584
During service—
Government of Canada PubUc Service Pension
Account 5 38,334
Municipal Superannuation Fund 1 31
Section 13 (4)—The matching portion of medical premiums deducted from
eUgible recipients of a superannuation - allowance was paid by the Minister of
Finance.
Sections 15 (5) and 16—Refunds were granted in respect of 1,571 teachers
and totalled $3,323,024 made up as foUows:
Resignations	
Death in service	
Excess contributions on grant of aUowance
Miscellaneous	
$
1,504
3,127,935
27
159,144
28
33,601
12
2,344
For analysis and comparative statistics see Schedules 2 and 3 appended.
 TEACHERS' PENSIONS ACT—ANNUAL REPORT
Section 20—Actuarial  and  administrative  expenses  paid  from  the  Fund
amounted to $302,304.
Section 25—Securities held by the trustee at December 31, 1977, amounted
to $425,433,500, par value, as set out in Schedule 1 appended.   Transactions dur
ing the year (par value) were as foUows:
Purchases
Redemptions
Sales	
$
85,032,000
3,835,350
13,409,000
67,787,650
During the year, the Fund's trustee departed from the previous poUcy of holding investments until maturity and adopted a poUcy aUowing for the sale of investments if there is an opportunity to improve the yield upon reinvestment.
The average yield on securities purchased during the year was 9.399 per cent.
Based on the mean of the opening and closing balances amounting to $412,173,954,
the net rate of interest earned during the year was 7.137 per cent after deducting
losses realized on sale of investments $3,653,566 and administration expenses
$302,304. It is anticipated the losses will be recovered through future increased
interest earnings.
Section 28—An actuarial valuation of the assets and UabiUties of the Fund is
required to be made by an actuary from time to time at intervals of not more than
five years.    The most recent valuation was carried out as at December 31, 1974.
The valuation indicates an increase in the unfunded UabUity from about
$195,000,000 as of December 31, 1970, to about $468,000,000 as of December
31, 1974.   The increase of $273,000,000 is due primarily to
(1) higher-than-anticipated increases in the general level of salaries
since 1970;
(2) improvements made in the plan benefits since 1970;
(3) inadequate statutory contribution rates; and
(4) the granting of supplementary pensions since 1970.
The actuary does not see the increase in the unfunded UabiUty as a threat to
the continued payment of pensions to current and prospective pensioners nor to
the financial health of the pension fund, provided his recommendations to raise
the statutory contribution rates and to improve the financing of the supplementary
aUowances are accepted. These recommendations are being considered by the
Government. Any change to the plan requires statutory amendments. A further
actuarial valuation as at December 31, 1977, is presently in progress.
Section 37—During the year the Teachers' Pensions Board held one meeting,
at which it dealt with some eight cases in accordance with Board policies. Applications considered related to contributions for periods of leave of absence and to
disability aUowances.
J. D. REID, F.C.I.A.
Commissioner of Teachers' Pensions
 BRITISH COLUMBIA
TEACHERS' PENSIONS FUND
STATEMENT OF FINANCIAL POSITION
AS AT DECEMBER 31,  1977
ASSETS
Exhibit A
Cash and term deposits	
Contributions receivable:
Employee and employer
Province   of  British  Columbia—deficit   in   employer   reserve
(Note 1) .	
Accrued interest on investments .	
Investments in bonds issued or guaranteed by Canada or a Province
(Note 2) ____. .
1977
$
1976
$
6,578,686
10,658,462
5,390,684
4,432,773
5,938,296
7,885,726
9,999,131
6,586,277
420,857,978
352,832,544
446,651370
384,509,187
LIABILITY AND FUND  BALANCE
Liability
Accounts payable ■ 442,871 431,482
Fund Balance (Exhibit B)
Pensions Account 194,314,621     169,952,397
Employee Contributions Account  251,893,878    214,125,308
446,208,499    384,077,705
446,651,370    384,509,187
The five accompanying notes are an integral part of these financial statements.
Approved by:
J. D. REID, F.C.LA.
Superannuation Commissioner, Trustee
C. WEBSTER, C-A.
Comptroller, Superannuation Branch
To the Commissioner of the Teachers' Pensions Fund, and
To the Provincial Secretary and Minister of Travel Industry
Province of British Columbia:
AUDITOR'S REPORT
I have examined the statement of financial position of the Teachers* Pensions Fund as at
31 December 1977 and the statement of changes in fund balance for the year then ended. My
examination was made in accordance with generally accepted auditing standards, and accordingly included such tests and other procedures as I considered necessary in the circumstances.
In my opinion, these financial statements present fairly the financial position of the Fund
as at 31 December 1977 and the changes in its fund balance for the year then ended in accordance with generally accepted accounting principles applied on a basis consistent with that of
the preceding year.
The financial statements for the year ended 31 December 1976 were reported on by the
Acting Comptroller-General of the Province of British Columbia.
ERMA MORRISON, CA.
Auditor General
Victoria, B.C.
14 September 1978.
 TEACHERS' PENSIONS ACT—ANNUAL REPORT
Exhibit B
TEACHERS' PENSIONS FUND
STATEMENT OF CHANGES IN FUND BALANCE
FOR THE YEAR ENDED DECEMBER 31,  1977
Fund balance increased by
Contributions-i-
Employees:
Basic	
Cost-of-living supplementary allowances (Note 3)	
Voluntary	
Reinstatement	
Leave of absence	
Military or other service
Employers:
Paid by the Province of British Columbia—
Basic	
Cost of living supplementary allowances (Note 3)
Recognition of Service (Note 4)	
Contributions paid by employers other than school
districts	
Province  of British Columbia:
Reserve Account	
Transfers from other funds	
Incomer from investments	
Re deficit  in Employer
Losses on sale on investments (Note 2)
Fund balance decreased by
Superannuation allowance payments—
Contributory	
Cost-of-living supplements
Refunds	
Transfers to other funds	
Reimbursement to  employers of Canada Pension Plan employer
contributions   :	
Actuarial and administration expenses	
Net increase in fund balance	
Fund balance at beginning of year .
Fund balance at end of year (Exhibit A) .
1977
$
1976
$
28,604,693
2,745,185
46,130
107,966
256,684
212.796
26.737,763
1,516,925
43,022
129,026
28,525
245,857
31.973.454
28,701,118
28,436,783
2,745,185
212,591
26,579,549
1,516,925
514
167,910
31,562.469
158,214
28,255,202
5,938,296
277,971
32,358,995
3.653J66
9,999,131
490,565
26,047,669
98,457,619
93,493,685
20,947,028
6,096,645
27,043,673
18,429,605
4,726,410
23,156,015
3,323,024
975,068
2,854,105
900.258
4,682,756
4,165,279
302,304
281,637
36,326,825
31,357,294
62,130,794
384,077,705
62,136,391
321,941,314
. 446,208,499
384,077,705
 10 BRITISH COLUMBIA
TEACHERS' PENSIONS FUND
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1977
1. Actuarial Valuation
According to the Teachers? Pensions Act, an actuarial valuation of the assets and liabilities
of the Fund is required to be made by an actuary from time to time at intervals of not more
than five years.   The most recent valuation was carried out as at December 31, 1974.
The valuation indicated an unfunded liability in respect of basic pension benefits of approximately $468,000,000 as of December 31, 1974.
The actuary does not consider the unfunded liability a threat to the continued payment of
pensions to current and prospective pensioners nor to the financial health of the pension fund,
provided recommendations to raise the statutory contribution rates and to improve the financing
of the supplementary allowances are accepted. These recommendations are being considered
by the Government.   Any change to the plan requires statutory amendment.
The unfunded liability reflects, in part, a deficit in the amount available for the payment
of pensions in force as at December 31, 1974, when compared with the present value of the
pensions as at that date. In this connection, an amount of $9,900,000 (1976—$5,286,000) was
transferred to the Pensions Account from the Employer Reserve Account. This resulted in a
deficit of $5,938,296 in the Employer Reserve Account, which is recoverable from the Province
of British Columbia and is shown as an account receivable on the statement of financial position.
An actuarial valuation as at December 31, 1977, is presently in progress.
2. Investments
Investments are carried at the lower of cost and par value. Premiums are written off in
the year of acquisition. Discounts on single maturity bonds are amortized over the term of
the bonds. Discounts on serial bonds are recognized as income as the serial redemptions
occur.   Investments held at the end of the year are as follows:
1977 1976
$ $
Book value 420,857,978     352,832,544
Par value 425,433,500    357,645,850
Market value 391,309,273    320,375,728
The difference between the book value and market value of the investments is not considered to be a permanent reduction of the Fund balance available for payment of pension
benefits and therefore has not been provided for as at December 31, 1977.
During the year, the Fund's trustee, departed from the previous policy of holding investments until maturity and adopted a policy allowing for the sale of investments if their is an
opportunity to improve the yield upon reinvestment. Pursuant to this policy, certain investments were disposed of resulting in losses aggregating $3,653,566. This amount is shown
separately on the statement of changes in fund balance. It is anticipated that these losses will
be recovered through future increased interest earnings.
3. Cost-of-living Supplementary Allowances
Payment of supplementary allowances, adjusted quarterly in relation to the cost of living
index, commenced July 1, 1975. Financing of supplements by additional employee and employer contributions, each at the rate of 0.5 per cent of salary, commenced on May 1, 1976.
The Act provides for a similar increase when the accumulated payments again exceed 1 per
cent of the average annual total of contributory salaries. This further increase in employee and
employer contributions commenced April 1, 1978.
4. Recognition of Service
In prior years the Province of British Columbia did not contribute directly the employer
portion of the cost of recognition of approved military or other pensionable service. The cost
was assumed as a part of the deficit in the employer reserve. The amount so assumed for
1976 was $127,925. In 1977, the amount of $212,591 was directly contributed by the Province
and is shown separately on the statement of changes in fund balance.
5. Additional Information
These financial statements show only the position of the Fund as at December 31, 1977,
and the changes in Fund balance for the year then ended and do not purport to show the
adequacy of the Fund to meet the obligations of the pension plan.
 TEACHERS' PENSIONS ACT—ANNUAL REPORT
11
TEACHERS' PENSIONS FUND
Schedule 1
TRUSTEES FOR THE TEACHERS* PENSIONS FUND AND THE MINISTER OF
FINANCE FOR THE PROVINCE OF BRITISH COLUMBIA
Securities Held as at December 31, 1977
Government of Canada Guaranty
Government of Canada 	
Province of British Columbia Guaranty
B.C. Hydro and Power Authority
B.C. Electric Company Limited	
B.C. Railway Company
B.C. School Districts Serials	
B.C. School Districts Capital Financing Authority
Serials	
B.C. School Districts Capital Financing Authority
B.C. Municipal Serials . .	
B.C. Irrigation Districts Serials 	
B.C. Irrigation Districts
B.C. Improvement Districts	
Nechako Improvement District Serial 	
B.C. Hospital Improvement District Serials
B.C. Waterworks Districts
Greater Vancouver Sewerage and Drainage District Serials
Greater Vancouver Sewerage and Drainage Dis-
-trict ____.
Greater Vancouver Water District Serials	
Province of Alberta Guaranty
Alberta Municipal Financing Corporation	
Province of Nova Scotia Guaranty
Nova Scotia Power	
Par
Value
$
_    7,500,000
287,867,000
832,000
79,671,000
5,388,000
2,295,000
25,127,000
400,000
182,000
715,500
984,000
621,000
363,000
94,000
316,000
980,000
427,000
Book Market
Value Value
$ $
7,498,000 7,585,088
284,143.081 260,052,916
812,463 640,313
79,352,438 78,166,433
5,172,269 5,091,593
2,276,577 2,058,952
24,954,571 21,664,101
385,925 368,352
179,431 159,178
714,653 578,914
977,264 876,821
615,101 529,961
357,987 333,202
93,400 81,101
312,887 296,850
979,885 782,824
412,482 400,313
Province of Ontario Guaranty
Ontario Hydro	
Province of Saskatchewan Guaranty
Province of Saskatchewan	
13,937 12,863
774,608 772,165
10,165,384 10,197,978
665,635 659,355
425,433,500 420,857,978 391,309,273
14,000
794,000
10,185,000
678,000
 12
BRITISH COLUMBIA
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§§|sl
 TEACHERS' PENSIONS ACT—ANNUAL REPORT
TEACHERS' PENSIONS FUND
Schedule 3
Comparative Statistics, January 1, 1959, to December 31, 1977,
Subdivided According to Sex of Contributor
13
Fiscal Year
Number of
Contributors
Number of
Refunds
Granted
Male
Female
Number of
Allowances
Granted
Number of
Deaths and
Expirations
Number of
Allowances
in Force at
End of Year
Male I Female
Nonact-vei-
Nonactive2—
1965-
NonactiveV.
NonactiveZ-
1969-
Nonactivel—
Nonactive--
1971-
Nonactiver--
Nonactive-!—
1972-
Nonactive--—
Nonactive-—
1973-
Nonaet_vei_
Nonact_ve2„
1974-
Nonactive^—
NonactiveZ-
1975-
Nona_tiver_
NonactiveZ-
1976--
Nonactivei-
Nonactive2—
1977_
Nonactive- -
NonactiveZ-
4,982
■409
169
7,123
607
323
10,009
886
524
10,914
1,195
649
11,132
1,052
713
11,466
1,126
784
12;965
993
852
13,665
1,074
970
13,884
1,302
1,055
14,182
1,280
1,142
6,640
1-321
810
9,020
1,239
1,422
12,445
2,144
1,711
12,991
2,798
2,266
12,520
2,638
2,458
12,896
2,823
2,704
15,403
3393
2.779
15,754
3,789
3-278
15,705
4,147
3,599
16,002
4,124
3,931
103
1,756a
430
1,5033
1,204
1-276
1,031
918 .
860
1,117
147
166
153
242
274
12
16
21
24
■19
15
21
J18
,.19,
30
13
20
28
50
28
32
30
39
62
48
487
739
881
987
1,057
1,183
1-331
1,499
1,603
478
802
1,250
1,486
1,650
1.824
2,036 .
2.271
2,467
2,642
l Nonactive open accounts of teachers who have been out of service leas than two yean,
a Nonactive open accounts of teachers who have been out of service over two. years,
a Includes refund of extra compulsory contributions only (1,609).
 14
BRITISH COLUMBIA
TEACHERS' PENSIONS FUND
Schedule 4
Summary of Normal Allowances Granted During 1977
SUBDIVIDED BY YEARS OF SERVICE AND VALUE OF ALLOWANCE
Years of Service
Number of
Allowances
Granted
Average
Salary
During
Last
5 Years
Average
Annual
Allowance,
Single Life
Plan
Average
Value of
Allowance
Average
Teacher's
Share
Average
Government
Share
3
50
61
55
35
28
42
16
$
15,144
15,876
15,780
15,888
17,100
19,920
23-556.
25,716
S
2,400
3,036
4,764
6,180
8,784
11,736
15,888
17,628
$
24,741
.   33,192
50,541
64,658
93,389
124,871
164,690
173,092
$
8,057
9,424
13,606
16,799
22,857
29,347
31,457
34,112
$
16,684
23,768
36,934
?n_7_i
47,859
70,531
M---_
133,233
Average of Normal Allowances Granted During Year
61
Age
70,439
Total Value of Normal Allowances Granted During Year
290      } 5,171,088
196,463
22,776,448
tt;
SUBDIVIDED BY YEARS OF SERVICE AND AGE AT RETIREMENT
Age at Retirement
Total
Far
55
56
57
58 I 59     60
61
62
63
64
65
Cent
~~4
3
4
1
2
2
1
1
2
2
2
1
3
1
2
2
2
3
3
2
1
1
2
4
1
2
3
1
3
1
4
7
4
7
9
10
~7
6
4
2
4
1
7
6
5
5
3
9
3
7
3
3
1
8
2
4
7
5
1
4
21
21
19
4
4
11
3
50
61
55
35
28
58
1
17
21
7*\_*»_d
12
10
20
14
4
10
3
14
4
13
5
10
3
42
15
23
8
36
13
25
9
23
8
80
28
290
100
AUowances Other Than Normal Granted During 1977
Number of
Allowances
Granted
67
Death
20
Disability
2
Deferred
45
J
 TEACHERS' PENSIONS ACT—ANNUAL REPORT
TEACHERS' PENSIONS FUND
15
Approved and Reciprocal Employers as at December 31, 1977
Effective Date
Approved Employers
Section 11 (2) provides for the granting of a deferred allowance to a contributor who,
within three years of his last contribution to the Fund, enters the service of one or more of the
following employers and becomes entitled to an allowance:
An   employer   to  whom   the   Teachers'  Retirement  Fund  Act   (Alberta)
applies Nov. 22, 1971
_Nov. 22, 1971
-Nov. 22, 1971
. Nov. 22, 1971
Nov. 22, 1971
July 1, 1973
Oct. 30, 1968
Mar. 27, 1961
Mar. 27, 1961
An employer to whom the Teachers' Pensions Act (Manitoba) applies	
An employer to whom the Teachers' Superannuation Act (Ontario) applies.
An employer to whom the Teachers' Pension Plan (Quebec) applies	
An employer to whom the Teacher? Superannuation Fund Act (Saskatchewan) applies	
Acadia University	
British Columbia Hydro and Power Authority	
Government of Canada	
Government of Province of British Columbia.
Notre Dame University	
Simon Fraser University .
University of British Columbia-
University of Victoria	
_Mar. 31, 1969
_Apr. 1,1966
_ Mar. 27, 1961
-Mar. 27, 1961
Special Agreement With Approved Employer
Section 11 (8) provides for the transfer of funds in respect of an employee who within
three -months of termination of his service transfers to or from the service of the following
approved employer:
Government of Canada June 22, 1973
Reciprocal Employers
Section 1 1a provides for the method of determining pensionable service and highest average
salary together with pro rata sharing of the present value of the allowance and transfer of
funds in respect of an employee who, within three years of termination of his service, transfers
to or from the service of the following reciprocal employers:
An employer under the British Columbia Public Service Superannuation Act July 1,1973
An employer under the College Pension Act '.    . Inly 1,1973 •
An employer under the Municipal Superannuation Act July 1,1973
■Workers' Compensation Board June 5,1974
 16
BRITISH COLUMBIA
TEACHERS' PENSIONS FUND
Approved Long-term Disability Salary Continuance Plans
as at December 31, 1977
Date Plan
Employer Approved
Abbotsford School District 34 Mar. 1, 1972
Alberni School District 70 Feb. 1, 1973
Armstrong-Spallunicheen School
District 21 Oct. 1, 1972
B.C Teachers* Federation . Aug. 1, 1971
Bums Lake School District 55 Jan. 1, 1971
Campbell River School District
Employer
Powell River School District 47
Prince  George School  District
Date Plan
Approved
Feb. 1, 1971
57_
_Jan. 1,1971
Prince Rupert School District 52_.Jan. 1, 1972
Qualicum School District 69 Feb. 1, 1971
Queen Charlotte School District
50_
72_
Central Okanagan School Dis-
_Feb. 1, 1971
-Jan. 1, 1972
Quesnel School District 28 Mar. 1, 1971
Revelstoke Teachers' Association-Mar. 13, 1975
trict23_
ChiUiwack School District 33
Coquitlam School District 43
Courtenay School District 71.
Cowichan School District 65.
_Feb. 1, 1973
_Feb. 1, 1973
Richmond School District 38-
Saanich School District 63	
_Mar. 24, 1975      Sechelt School District 46.
May 1, 1972
Jan. 1, 1971
Creston-Kaslo School District 86-Jan. 1, 1971
Delta School District 37 June 1, 1972
Fernie School District 1 June 18, 1976
Golden School District 18 July 29, 1976
Grand Forks School District 12__May 1, 1971
Greater Victoria School District
61_
Hope School District 32	
Howe Sound School District 48.
Kamloops School District 24-
_Feb. 1,1971
-Feb. 1, 1973
-Jan. 1, 1971
_Feb. 1,1971
Kettle VaUey School District 13__Jan. 1,1971
Kimberley School District 3 Mar. 1, 1972
Kitimat School District 80 Mar. 5, 1974
Ladysmith School District 67 Apr. 1, 1972
Jan. 1, 1971
-Mar. 1, 1972
Jan. 1.1971
Lake Cowichan School District
66	
Langley School District 35_
LiUooet School District 29-
Maple Ridge School District 42 Mar. 1, 1972
Mission School District 75 . Jan. 1, 1972
Nanaimo School District 68 .June 1, 1972
Nelson School District 7_ Jan. I, 1972
North Vancouver  School  District 44 Mar. 1,1972
Penticton School District 15 June 1, 1972
Shuswap School District 89___	
Skeena-Cassiar   School   District
£8 (now Terrace School Dis-
-Jan. 1, 1972
.Feb. 1, 1971
_Feb. 1, 1972
-Feb. 1,1971
trict).
Smithers School District 54.
South Cariboo  School District
-Feb. 1,1971
Jan. 1,1973
30_
Southern Okanagan School Dis
trict 14_
Stikine School District 87.
-Jan. 1,1971
.July 3, 1973
-May 1, 1973
Summerland School District 77 Mar. 1, 1972
Surrey Teachers' Association-——-May 7, 1975
Trail School District 11 Jan. 1, 1972-
Vancouver Elementary Teachers-Jan. 1, 1972
Vancouver Island North School
District 85 ! ! July 1, 1972
Vanderhoof School District 56
(now Nechako School District). Jan. 1, 1973
Vernon School District 22 Sept. 1,1972
West Vancouver School District
-     45 . .Mar. 1, 1972
West Vancouver Teachers* As-
sociation.
Williams' Lake  School  District
27   (now   Cariboo-Chilcotin
June 14, 1976
School District).
Windermere School District 4-
_Jan. 1, 1971
-Feb. 1, 1971
Printed by K. M. MacDonald, Printer to the Queen's Most Excellent Majesty
in right of the Province of British Columbia.
1979
430-275^8970

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