Sri Lanka Enacts Law to Abolish Parliamentary Pensions

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Sri Lanka Scraps MP Pensions: New Act Gazetted After Overwhelming Vote

Representational image (Image: News18)

N

News18•21-02-2026, 13:15

Sri Lanka Scraps MP Pensions: New Act Gazetted After Overwhelming Vote

•Sri Lankan government gazettes Parliamentary Pensions (Repeal) Act, fulfilling a key campaign promise.
•The bill passed parliament with an overwhelming majority of 154 votes to 2.
•The new act repeals the 1977 law that provided non-contributory lifetime pensions to former MPs.
•The Supreme Court had earlier determined the bill could pass with a simple majority.
•Savings from scrapped pensions will be directed to fund essential public services.

Read Full Article on News18 in English

✦

More like this

✦

More like this

By rebranding traditional unemployment relief as a stipend of Rs 1,500 per month, Didi is now effectively buying time against a growing youth restlessness over the state's stagnant industrial sector. (PTI)

Mamata's Welfare State: Cash Doles Trump Jobs in West Bengal

Representational image (Image: News18)

Sri Lanka Urges Peaceful Resolution to West Asia Conflict, Cites Global Economic Impact

Representational image (Image: News18)

Bangladesh Parliament Opens Maiden Session; Speaker's Chair Vacant, Jamaat Protests

Representational image (Image: News18)

Ex-President Rajapaksa Accused of LKR 60 Million Bribe in Airbus Deal

Maharashtra Reels: 30 Days, 30 Changes After Ajit Pawar's Tragic Death

Maharashtra Reels: 30 Days, 30 Changes After Ajit Pawar's Tragic Death

Representational image (Image: News18)

Lok Sabha Revokes Suspension of 8 Opposition MPs After Motion by Kiren Rijiju