Members of Parliament Retiring Allowances Act

Marginal note:Amounts to be credited on basis of valuation report

8 Following the laying before Parliament pursuant to section 65 of any valuation report that relates to the Retiring Allowances Account, there shall be credited to that Account, at the time and in the manner determined by the Minister, such amounts as in the opinion of the Minister will, at the end of the prescribed period, together with the amount estimated by the Minister to be to the credit of that Account at that time, meet the total cost of all allowances and other benefits payable under this Part and all supplementary benefits payable under Part IV in respect of those allowances or benefits.