Members of Parliament Retiring Allowances Act

Marginal note:Limits on contributions

• 12 (1) Notwithstanding anything in this Part, no contribution shall be paid by a member under this Part

  • (a) in respect of any session in the course of which the member ceases to be a Senator by reason of disqualification or was expelled from the House of Commons;

  • (b) subject to subsection (2), in respect of any amount payable to the member by way of sessional indemnity, after the aggregate of the products obtained by multiplying the number of years of pensionable service to the member’s credit by the multipliers set out in subsection 16(1) and, as applicable, subsection 36(2) or (6) equals 0.75; or

  • (c) after the member has reached 69 years of age.

• Marginal note:Exception for 1%

  (2) Commencing on January 1, 2001, a member shall, by reservation from the sessional indemnity payable to the member, continue to contribute under this Part 1% of that portion of the sessional indemnity that does not exceed the member’s earnings limit for the calendar year, after the aggregate of the products obtained by multiplying the number of years of pensionable service to the member’s credit by the multipliers set out in subsection 16(1) and, as applicable, subsection 36(2) or (6) equals 0.75.

• Marginal note:Exclusions from computation of contributions

  (3) In a computation of the total amount that a member has contributed or elected to contribute under this Part and, where applicable, Parts I to V of the former Act, there shall not be included

  • (a) any contributions in respect of which a withdrawal allowance has been paid;

  • (b) any contributions in respect of which the election of the member has been revoked; or

  • (c) any amount paid by way of interest.