Territorial Court Judiciary Pension Plan Act (Régime de pension des juges de la Cour territoriale) — Canada — Yukon law | Esheria

Territorial Court Judiciary Pension Plan Act (Régime de pension des juges de la Cour territoriale)

This Act sets up pension arrangements for Territorial Court judicial persons, including a registered pension plan, a retirement compensation arrangement, and a supplementary pension plan.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Canada — Yukon
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
View official record ↗
benefit limits benefits administration contributions disability benefits employment leave family law division government contributions interest member contributions payment protections pension administration pension benefits pension fund management retirement benefits retirement contributions retirement plans survivor benefits tax withholding termination benefits

Statute overview

About this statute

This Act sets up pension arrangements for Territorial Court judicial persons, including a registered pension plan, a retirement compensation arrangement, and a supplementary pension plan. Members must join the judiciary registered pension plan and generally contribute 7% of earnings, with special rules for certain leaves and a stop on required contributions after 23.33 years of credited service under the supplementary plan. Members and the government must make and remit pension contributions under the plan, with specific limits, deadlines, and exceptions; members can also elect to buy back certain service periods and retire early or later under set conditions. This part sets some pension calculation limits, payment options, death and termination benefits, and rules for the pension fund and plan changes. This provision sets small-pension transfer rules, benefit payment timing and forms, member and government contribution rules, information-disclosure duties, tax withholding, and limits on assigning pension rights.