Members of Parliament Retiring Allowances Act

Version of section 2.7 from 2013-01-01 to 2015-06-22:


Marginal note:Obligation to fix rates

  •  (1) The Chief Actuary shall fix contribution rates for the purpose of the provisions of this Act that require contributions to be made at the applicable contribution rate.

  • Marginal note:Classes

    (2) In fixing contribution rates for the purpose of any provision of this Act, the Chief Actuary may fix a rate for all of the members of the Senate or House of Commons or for any class of members specified by the Chief Actuary.

  • Marginal note:Applicable contribution rate

    (3) For the purposes of any provision of this Act that requires the payment of a contribution, the applicable contribution rate with respect to a member is the contribution rate that is fixed by the Chief Actuary for the purposes of that provision that applies to the member or to the class of members to which the member belongs.

  • Marginal note:Contribution rate for purpose of paragraph 31.1(1)(a) — 2013 to 2015

    (4) Despite subsection (1), but subject to subsection (9), the applicable contribution rate for the purpose of paragraph 31.1(1)(a) for the calendar years 2013 to 2015 is 4%.

  • Marginal note:Contribution rates for purpose of paragraph 31.1(1)(b) — 2013 to 2015

    (5) Despite subsection (1), the applicable contribution rates for the purpose of paragraph 31.1(1)(b) for the calendar years 2013 to 2015 are

    • (a) for 2013, 4%;

    • (b) for 2014, 5%; and

    • (c) for 2015, 6%.

  • Marginal note:Contribution rates for purpose of paragraphs 31.1(1)(c) and (2)(a) and (b) — 2013 to 2015

    (6) Despite subsection (1), but subject to subsections (7) to (9), the applicable contribution rates for the purpose of paragraphs 31.1(1)(c) and (2)(a) and (b) for the calendar years 2013 to 2015 are

    • (a) for 2013, 8%;

    • (b) for 2014, 9%; and

    • (c) for 2015, 10%.

  • Marginal note:Contribution rate for certain members — 2013 to 2015

    (7) Despite subsection (1), the applicable contribution rate for the purpose of paragraph 31.1(1)(c) for the calendar years 2013 to 2015 for members who are required to contribute under subsection 12(2) is 4% in respect of the portion of salary or annual allowance that is payable to them that exceeds their earnings limit for the calendar year.

  • Marginal note:Contribution rates for certain members — 2013 to 2015

    (8) Despite subsection (1), the applicable contribution rates for the purpose of paragraph 31.1(1)(c) for the calendar years 2013 to 2015, in respect of salary or annual allowance, for members who are required to contribute under subsection 12(2) are

    • (a) for 2013, 4%;

    • (b) for 2014, 5%; and

    • (c) for 2015, 6%.

  • Marginal note:Contribution rate for certain members — 2013 to 2015

    (9) Despite subsection (1), the applicable contribution rate for the purpose of paragraphs 31.1(1)(a) and (2)(a) for the calendar years 2013 to 2015 for members who are required to contribute under subsection 12(2) and members who would be required to contribute under subsection 12(2) if they were under 71 years of age is 1%.

  • Marginal note:Publication of rates

    (10) The Minister shall cause to be published in the Canada Gazette the contribution rates fixed under subsection (1) as soon as feasible after they are fixed.

  • 2012, c. 22, s. 3
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