Superannuation Fund continued
68.(1) The fund for the payment of superannuation allowances or allowances upon the death or disability of a full-time member of the board of directors or an employee of the Board, is continued under the name Workers’ Compensation Board Superannuation Fund in English and Caisse de retraite des membres et des employés de la Commission des accidents du travail in French. Regulations (2) Subject to the approval of the Lieutenant Governor in Council, the Board may make regulations, (a) providing for contributions to the superannuation fund by the full-time members of the board of directors and employees of the Board; (b) providing for the terms and conditions upon which any superannuation or other allowance shall be payable out of the superannuation fund and the persons to whom the superannuation or other allowance may be paid; (c) providing for the terms and conditions upon which funds will be received and transferred under subsections (9), (10) and (11); (d) providing for the terms and conditions under which agreements may be entered into under subsection (11). Deeming provision (3) For the purposes of this section, the following individuals shall be deemed to be employees of the Board: 1. The employees of designated associations formed under subsection 135 (1). 2. The employees of designated corporations for accident prevention, the members of which are employees within the meaning of section 135. 3. The employees of safety and accident prevention associations described in subclause 16 (1) (n) (ii) of the Occupational Health and Safety Act. Idem (4) The Board may designate associations and corporations for the purposes of subsection (3). Idem (5) For the purposes of this section, every employee who, on the 10th day of April, 1952, was in the service of an association or corporation described in subsection (3) shall be deemed to have become an employee of the Board on the date on which he or she last entered the service of the association or corporation. Idem (6) On a day to be named by proclamation of the Lieutenant Governor, the employees of safety and accident prevention associations described in subclause 16 (1) (n) (ii) of the Occupational Health and Safety Act cease to be deemed to be employees of the Board. Repeal (7) Paragraph 3 of subsection (3) is repealed on a day to be named by proclamation of the Lieutenant Governor. Cost of administering fund (8) The cost of maintaining and administering the superannuation fund shall be deemed part of the cost of the administration of this Act and is chargeable to the accident fund. Transfer from superannuation fund to like fund (9) Where a full-time member of the board of directors or employee of the Board becomes a member of the public service of Canada or the civil service of any province of Canada or of the civic service of any municipality or of the staff of any board, commission or public institution established under any Act of the Legislature of any province or of the Parliament of Canada, a sum of money equal to his or her contributions and credits in the superannuation fund or such portion thereof as the Board, subject to the approval of the Lieutenant Governor in Council, determines, shall be paid out of the superannuation fund into any like fund maintained to provide superannuation benefits for the members of such public, civil or civic service or staff, as the case may be. Transfer to superannuation fund (10) Where a member of the public service of Canada or the civil service of any province of Canada or of the civic service of any municipality or of the staff of any board, commission or public institution established under any Act of the Legislature of any province or of the Parliament of Canada becomes a contributor to the superannuation fund and a sum of money is paid into the superannuation fund in respect of the period during which he or she made contributions as a public, civil or civic servant, or an employee of any board, commission or public institution, the Board, subject to the approval of the Lieutenant Governor in Council, may allow him or her such credit in the superannuation fund in respect of the sum and the period of service represented thereby as is determined. Agreements authorized (11) Despite subsection (1) and the regulations made under subsection (2), the Board, subject to the approval of the Lieutenant Governor in Council, may enter into an agreement with any government, municipality, board, commission or public institution mentioned in subsection (9) or (10) to provide reciprocal arrangements for the transfer of contributions and credits and where such an agreement exists such transfer shall be in accordance with the agreement. R.S.O. 1990, c. W.11, s. 68. Applications, Appeals and Proceedings