delete The Parliamentary Pensions (Amendment) Regulations 2002
The Parliamentary Pensions (Amendment) Regulations 2002 amend the 1993 Principal Regulations to modify: (1) contribution rates for participating Members and office holders, increasing from 6% to 9% with optional reduced rate; (2) appropriate fraction for calculating pension accrual from one-fiftieth to one-fortieth for certain periods; (3) provisions for children's pensions for deaths on or after 1st April 2001; (4) inclusion of devolved legislature service in reckonable service; and (5) various transitional provisions and option mechanisms for members to elect different contribution rates retroactively.
These regulations exemplify legislators setting their own compensation terms—a fundamental conflict of interest. They impose complex, retroactive pension modifications that increase long-term liabilities without democratic scrutiny by the broader public. The retroactive contribution options and multiple contribution tiers create administrative burden and political distortion. Parliamentary pensions should be determined through primary legislation with full public debate, not viaStatutory Instruments that escape the same scrutiny as ordinary laws. The expansion of reckonable service to include devolved legislature service further entangles an already over-complex system.