Committee Chair and MP Najith Indika announced that the proposed legislation received full support during committee deliberations. He described the move as part of the government’s broader commitment to reform political incentives and promote public accountability.
“The bill to abolish parliamentary pensions was approved unanimously,” MP Indika stated. “This move is part of our policy commitment to ensure MPs serve purely as public servants, without the promise of pension benefits after a few years in office.”
The proposed legislation seeks to repeal the Parliamentary Pensions Act No. 1 of 1977, which currently entitles MPs to receive pension benefits following the completion of their tenure in Parliament.
If the bill is passed during next week’s parliamentary session, Members of Parliament will no longer qualify for pension payments after leaving office.
The reform is seen as part of ongoing efforts to reshape governance standards and reinforce the principle that elected representatives serve primarily in the interest of the public rather than for long-term financial incentives.
