Parliament members' remuneration revised with periodic increases tied to the Cost Inflation Index and travel and pension updates. Amendments raise members' base monthly salary and add a provision for quinquennial increases of salary and daily allowance from 1 April 2023 based on the Cost Inflation Index. Travel allowances are revised by removing a combined rail-class reimbursement and updating air and steamer fare reimbursements. Pension provisions increase basic and additional pensions, institute five-yearly increases tied to the Cost Inflation Index from 1 April 2023, and clarify family pension text by removing a retrospective reference to the 2006 amendment.
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Parliament members' remuneration revised with periodic increases tied to the Cost Inflation Index and travel and pension updates.
Amendments raise members' base monthly salary and add a provision for quinquennial increases of salary and daily allowance from 1 April 2023 based on the Cost Inflation Index. Travel allowances are revised by removing a combined rail-class reimbursement and updating air and steamer fare reimbursements. Pension provisions increase basic and additional pensions, institute five-yearly increases tied to the Cost Inflation Index from 1 April 2023, and clarify family pension text by removing a retrospective reference to the 2006 amendment.
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