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MP pension changes fast-tracked through the Commons, split off from omnibus budget bill


 

OTTAWA – The House of Commons has unanimously approved changes to the MP pension plan after splitting them off from the government’s big omnibus budget bill.

After negotiations, the Commons adopted a motion to whip the changes through with a single motion.

The changes will sharply increase the contributions MPs must make to their pensions and require them to wait until age 65 to collect.

Contributions which now run about $11,000 a year will rise to about $39,000.

Under the old system, MPs could start collecting a pension at age 55.

Opposition MPs, while pronouncing themselves pleased with getting the pension changes through swiftly, are still arguing that the 443-page omnibus bill should be further sub-divided.


 
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MP pension changes fast-tracked through the Commons, split off from omnibus budget bill

  1. See, they can do it if they want to.

  2. Good news :-D

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