MPP Pension and Compensation Act, 2025

RÉSUMÉ DU REGISTRE OFFICIEL

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Subsection 61 (1.2) of the Legislative Assembly Act , which limits the annual salary of members of the Assembly to the salary that was in effect on March 26, 2009, is repealed. Subsection 62 (1) of that Act is amended to provide for an increase in salary for the Government House Leader. Amendments to the MPP Pensions Act, 1996 include amendments to provide for the following: 1. The members of the pension plan continued under subsection 2 (1) of the Act cease to be members. (See section 3.1 and the repeal of subsection 4 (1)). 2. Members of the Assembly are members of the Public Service Pension Plan continued under the Public Service Pension Act . There are special benefit vesting rules for members of the 44th Parliament. (See section 53). 3. The Lieutenant Governor in Council may, by order, establish an MPP supplemental pension plan for members of the Assembly. (See subsection 54 (1)). 4. When it is first established, an MPP supplemental pension plan shall include terms that are substantially the same as the terms set out in Schedule 1 which deal with certain aspects of the plan, including vesting of benefits, eligibility to receive a pension and the amount of the pension. (See subsection 54 (2) and Schedule 1). 5. After it is first established, changes to an MPP supplemental pension plan that would change benefits or the contribution rates of members of the plan may only be made with the consent of the Board of Internal Economy. (See section 55). 6. The Lieutenant Governor in Council may, by order, provide for allowances to be paid to a member or former member of the Assembly who is or was not eligible to be a member of the Public Service Pension Plan or an MPP supplemental pension plan. (See section 57). 7. Transition rules are provided for the registered plan accounts of individuals who cease to be members of the pension plan continued under subsection 2 (1) of the Act. (See section 58).

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