Members of Parliament Retiring Allowances Act

Marginal note:Contributions

• 9 (1) Commencing on January 1, 2001, a member shall, by reservation from the sessional indemnity of the member, contribute to the Retiring Allowances Account four per cent of that portion of that sessional indemnity that does not exceed the member’s earnings limit for that calendar year.

• Marginal note:Contributions

  (1.1) Despite subsection 2.3(1), beginning on September 21, 2000 and ending on December 31, 2000, a member who was entitled to elect under sections 2.1 and 2.6 and who did not make an election shall, by reservation from the sessional indemnity of the member, contribute to the Retiring Allowances Account four per cent of the amount payable to the member by way of that sessional indemnity.

• Marginal note:Application of Act deemed to be continuous

  Footnote ^*(1.2) This Act recommences to apply to a member referred to in subsection (1.1) as of the day on which this subsection comes into force and is deemed to apply to the member as if it had always applied to the member.

  • Return to footnote ^*[Note: Subsection 9(1.2) in force September 21, 2000, on assent of 2000, c. 27.]

• Marginal note:Additional contributions

  (2) Commencing on January 1, 2001, a member to whom paragraph 12(1)(b) applies who is in receipt of a salary or an annual allowance shall, by reservation from that salary or allowance, contribute to the Retiring Allowances Account an amount equal to four per cent of that portion of that salary or allowance that does not exceed the member’s earnings limit for that year, unless the member elects in respect of that salary or allowance

  • (a) not to contribute under this subsection and has also elected not to contribute under subsection 31(4) or (5); or

  • (b) to contribute at a lesser rate than that specified in this subsection.

• (3) and (4) [Repealed, 2001, c. 20, s. 16]