An Act to amend the Members of Parliament Retiring Allowances Act and the Parliament of Canada Act (S.C. 2003, c. 16)
Full Document:
Assented to 2003-06-19
An Act to amend the Members of Parliament Retiring Allowances Act and the Parliament of Canada Act
S.C. 2003, c. 16
Assented to 2003-06-19
An Act to amend the Members of Parliament Retiring Allowances Act and the Parliament of Canada Act
SUMMARY
This enactment amends the Members of Parliament Retiring Allowances Act to set out the cost of elective service for members of the House of Commons and Senators who make an election after January 1, 2001 in respect of past service. There are also some technical amendments to that Act.
This enactment also amends the Parliament of Canada Act to provide salaries to Chairs and Vice-Chairs of Special Committees.
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
Marginal note:R.S., c. M-5
MEMBERS OF PARLIAMENT RETIRING ALLOWANCES ACT
Marginal note:2001, c. 20, s. 16(2)
1. Paragraph 9(2)(a) of the Members of Parliament Retiring Allowances Act is replaced by the following:
(a) not to contribute under this subsection and has also elected not to contribute under subsection 31(4) or (5); or
Marginal note:2001, c. 20, s. 18(1)
2. (1) Paragraph 12(1)(b) of the Act is replaced by the following:
(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
Marginal note:2001, c. 20, s. 18(2)
(2) Subsection 12(2) of the Act is replaced by the following:
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:2001, c. 20, s. 19
3. Subsection 17(4.1) of the Act is replaced by the following:
Marginal note:Exception
(4.1) Subsection (4), as it read immediately before July 12, 2001, applies in respect of a period of pensionable service to a member’s credit pursuant to an election referred to in subsection 36(10).
Marginal note:2001, c. 20, s. 21
4. (1) The portion of subsection 31(4) of the Act before paragraph (a) is replaced by the following:
Marginal note:Additional contribution — members under 69 who reach maximum accrual
(4) A member to whom paragraph 12(1)(b) applies, who has not reached 69 years of age and who is in receipt of a salary or annual allowance shall, commencing on January 1, 2001 — unless the member elects not to contribute under this subsection and has also elected not to contribute under subsection 9(2) — by reservation from that salary or annual allowance, contribute to the Compensation Arrangements Account an amount equal to
(2) Section 31 of the Act is amended by adding the following after subsection (4):
Marginal note:Additional contribution — members 69 or over who reach maximum accrual
(5) A member to whom paragraph 12(1)(b) applies, who has reached 69 years of age and who is in receipt of a salary or annual allowance shall, commencing on January 1, 2001 — unless the member elects not to contribute under this subsection — by reservation from that salary or annual allowance, contribute to the Compensation Arrangements Account an amount equal to 7% of that salary or annual allowance.
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