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Thursday, 16 September 1971
Page: 1499

Dr Everingham (CAPRICORNIA, QUEENSLAND) asked the Treasurer, upon notice:

Will he consider providing under the Parliamentary Retiring Allowances Act for the forfeiture of so much of the allowance as would cover the cost to the public purse of the by-election rendered necessary when a Member of the House of Representatives retires voluntarily before bis current term of service expires.

Mr Snedden - The answer to the honourable member's question is as follows:

The Parliamentary Retiring Allowances Act 1948-1968 provides a superannuation scheme for Members of Parliament. Members contribute to the scheme at the rate of11½ per cent of the Parliamentary Allowance.

I am not aware of any contributory superannuation scheme that provides for the forfeiture of so much of a retiring contributor's benefit as would cover the cost of selecting his replacement.

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