moved for leave to introduce Bill C-268, an act to amend the Members of Parliament Retiring Allowances Act (deduction re other income).
Mr. Speaker, this enactment provides for the retiring allowance paid to former senators and members of Parliament of the House of Commons or of the spouse or child of a former member to be reduced by the same amount as would be clawed back from OAS on the basis of other income received personally or on a household basis commencing with 1998.
The clawback from a member's pension would apply whether or not the member was receiving OAS. However the amount to be clawed back would be calculated on the same basis as an OAS clawback.
I look forward to debating this bill in the House.
(Motions deemed adopted, bill read the first time and printed.)