(5) Indexed remuneration of an individual for a month is the remuneration for the month multiplied by the ratio of A to B where, "A" equals the average wage for the later of 1986 and the calendar year in which the allowance begins to be paid to the individual; and. 51. The balance in an MPP's pension account will determine the amount of his or her pension. Star Newspapers Limited and/or its licensors. Now, the current PC government has announced it is sticking with a freeze for the foreseeable future. The problem is that politicians are prisoners of their own paranoia and hypocrisy. Economy. It is a popular pledge for a populist PC government, just as it seemed like a good idea at the time for image-conscious Liberals and optics-focussed New Democrats. (3) The annual salary of every minister without portfolio is 19.2 per cent of the annual salary of a member of the Assembly. No individual who receives credit under subsection 18 (1) is entitled to be paid benefits under Part III for service as a member of the Assembly. Bethlenfalvy has been scrambling for ways to save money as the Tories struggle with a deficit that is projected to be $9 billion this year up from $7.4 billion in 2018-19. This division is undertaken in response to changes made to the federal income tax laws rights reserved. In comparison, federal MPs, … Check out the latest Government of Ontario, Canada Jobs. Changes from the current MPPs' plan to the new plan are made in three phases. (1) Every individual who was a member of the Assembly on June 8, 1995 and who had been a member before that date is entitled to have his or her supplementary plan account credited with the amount determined under this 11. When McGuinty was premier, several PC MPPs quietly approached him about reinstating the defined benefit pension, but one official said the Liberal premier declined because it would be politically foolish. Act. 35. Legislative Assembly Retirement Allowances Act, Freedom of Information and Protection of Privacy Act, Freezing of Compensation for Members of the Assembly Act, 1996. (5) If the Information and Privacy Commissioner or the Ombudsman, as the case may be, notifies the Speaker within four months after this Act receives Royal Assent that he or she intends to purchase credit in the Public Service Pension Plan for Glassdoor will not work properly unless browser cookie support is enabled. (3) The purchase of the annuity contract discharges the rights under the Act of the person and of any other person in respect of that person. Section 15 applies, with necessary modifications, with respect to the Ombudsman. “In some ways, those of us within the public sector have been sheltered from the full ravages of this private-sector recession. Subsection 5 (2) of the Ombudsman Act is repealed and the following substituted: (2) The Public Service Act does not apply to the Ombudsman. Are not our elected officials feasting at the trough, plumped up with lavish salaries, fed and watered with tax-free allowances and gold-plated pensions? All (1) If a member of the plan dies leaving a spouse, the spouse is entitled to be paid an allowance during his or her lifetime. (1) Effective April 1, 1996, the amount of the allowance otherwise payable to a person under the Act is increased by 2 per cent. Government Whip, 9 per cent. MPPs earn $116,550 with ministers making $165,851, the leader of the opposition $180,886, and the premier $208,974. (2) The allowance under subsection (1) is the amount, if any, by which A exceeds B where, "A" equals the amount of the allowance that would have been paid to the spouse under clause 19 (3) (a) of the pre-reform plan, if that clause had applied in respect of the member on the date of death; and. Regulations (Canada). (b) the day on which the sum of the individual's age plus his or her years of service as a member of the Assembly equals 55. 10. refunded together with interest calculated at the annual rate of 6 per cent to the Minister of Finance.

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