Parliament Approves Bill to Repeal MP Pensions 🏛️

The Sectoral Oversight Committee on Governance, Justice, and Civil Protection has officially approved the Parliamentary Pensions (Repeal) Bill, marking a significant shift in legislative benefits. • Bill Status: Approved by the Oversight Committee on Feb 11; Second Reading is scheduled for Feb 17, 2026. • Core Provision: If passed, Section 3 mandates that any individual currently receiving or entitled to a pension under previous provisions will cease to receive such payments from the date the Act commences. • Legislative Impact: This move directly affects the public sector expenditure related to former lawmakers, aligning with broader national calls for fiscal responsibility and governance reform. • Oversight: The meeting was chaired by MP Dr. Najith Indika with participation from several committee members, confirming the legislative path forward. _Source: Based on provisional Parliamentary reports._ 📉