moved for leave to introduce Bill C-313, an act to amend the Parliament of Canada Act (other pension income).
Mr. Speaker, my fourth and final bill this morning is an act to amend the Parliament of Canada Act (other pension income).
The purpose of this bill is to 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. What this does is it eliminates the real double dipping.
Many members of Parliament receive pension funds from municipal, provincial or federal governments, boards, agencies, commissions, teachers' pensions and so on. They come to this House and talk about the salaries being too high. This will save the taxpayers a number of dollars because a number of members receive both public pension income and an MP's pension both of which are paid by the same taxpayer. My view is that this bill should be adopted to eliminate that as much as possible.
(Motions deemed adopted, bill read the first time and printed.)