Cabinet Clears Path to Scrap Long-Standing Parliamentary Pension Scheme

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November 18, Colombo (LNW): The Cabinet has given the green light for a draft bill aimed at repealing the decades-old Parliamentary Pensions Law to be submitted to Parliament for debate and final approval.

The Cabinet Spokesman confirmed that the proposed legislation, which seeks to abolish pension entitlements for Members of Parliament, has already received the Attorney General’s go-ahead. It will now be published in the government Gazette before being formally placed on the parliamentary agenda.

Ministers had previously agreed, in principle, to do away with the Parliamentary Pensions Law of 1971 during a Cabinet meeting on 16 June 2025. The latest decision effectively moves the long-discussed reform into its final stages.

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