moved for leave to introduce Bill C-314, an act to amend the Parliament of Canada Act (other pension income).
Mr. Speaker, the bill which I am introducing today is entitled an act to amend the Parliament of Canada Act (other pension income). It will require all pension or retiring allowance payments received by a member of Parliament that are paid from public funds to be deducted from the member's sessional allowance.
This bill will deal with another dimension of the issue of double dipping. Members of Parliament who receive publicly funded pensions while at the same time receiving a full member of Parliament salary will be affected. The bill asks that the House of Commons subtract pension income from a sitting MP's salary, thus preventing double dipping, or receiving two incomes from only one taxpayer. This bill would make all MPs declare all public pension income they receive while sitting as an elected member of Parliament.
Those members with publicly funded pensions for previous service in: provincial legislatures; municipal governments; the public service at the federal, provincial and municipal levels; or as former judges; members of the Canadian forces; former peace officers; crown corporation employees; and former employees of school boards, hospital boards or any other publicly funded organization will forgo receiving two incomes for doing one job as a member of Parliament.
Canadians believe it is unfair to the tax paying public that a member of Parliament receive a full salary while also receiving a public pension.
This bill treats municipal, provincial and federal government-