Second Reading Speeches

Parliamentary Superannuation Bill 2004

Type
Government
Portfolio
Finance and Administration
Originating house
House of Representatives
Status
Act
Parliament no
40

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Summary

Introduced with the Parliamentary Superannuation and Other Entitlements Legislation Amendment Bill 2004, the bill establishes new superannuation arrangements for persons who become members of the Federal Parliament at or after the next general election. The new arrangements will involve a 9 per cent contribution payable into a superannuation fund nominated by the senator or member.

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