Forward Regulatory Plan: 2020 to 2022: Amending the Members of Parliament Retiring Allowances Regulations and the Recovery of Overpayments Made to Former Members of Parliament Regulations
Title or working title of regulatory initiative
Amending the Members of Parliament Retiring Allowances Regulations and the Recovery of Overpayments Made to Former Members of Parliament Regulations
Enabling act(s)
Description
Pursuant to amendments made to the Members of Parliament Retiring Allowances Act by the Pension Reform Act, 2012, there is a requirement to make consequential amendments to the Members of Parliament Retiring Allowances Regulations and the Recovery of Overpayments Made to Former Members of Parliament Regulations. These amendments may also include changes to the interest rates used for elective service, overpayments and return of contributions, as well as minor housekeeping and drafting clarification changes.
Key objective(s)
To align with the legislative changes to the Members of Parliament Retiring Allowances Act by the Pension Reform Act, 2012.
This regulatory initiative is associated with the department’s Regulatory Stock Review Plan: 2020 to 2030.
Regulatory cooperation efforts (domestic and international)
Regulatory cooperation is not required as this initiative is internal to the management of the Members of Parliament pension plan.
Potential impacts on Canadians, including businesses
There are no expected impacts on Canadians, including businesses, as this initiative is internal to the management of the Members of Parliament pension plan.
Consultations
Public consultations are not applicable as this issue is internal to the management of the Members of Parliament pension plan.
Links to additional information
- Report on the Administration of the Members of Parliament Retiring Allowances Act for the Fiscal Year Ended
- Pension Reform Act (S.C. 2012, c. 22)
- Members of Parliament Retiring Allowances Regulations (C.R.C., c. 1033)
- Recovery of Overpayments Made to Former Members of Parliament Regulations (SOR/97-568)
Departmental contact information
Deborah Elder
Senior Director, Pensions and Benefits Sector
Office of the Chief Human Resources Officer
613-907-7819
Deborah.Elder@tbs-sct.gc.ca
This regulatory initiative was first included in the Forward Regulatory Plan: 2015-2017 and updated in the Forward Regulatory Plan: 2018-2020
For more information
Consult the Treasury Board of Canada Secretariat’s acts and regulations web page for:
- a list of acts and regulations administered by the Treasury Board of Canada Secretariat
- further information on the Treasury Board of Canada Secretariat’s implementation of government-wide regulatory management initiatives
Consult the following for links to the Cabinet Directive on Regulation and supporting policies and guidance, and for information on government-wide regulatory initiatives implemented by departments and agencies across the Government of Canada:
To learn about upcoming or ongoing consultations on proposed federal regulations, visit:
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