Bill on MPs’ Pension Postponed Skip to content

Bill on MPs’ Pension Postponed

Iceland’s Althingi parliament is currently holding its final session. It has already been decided that a bill on pensions for MPs and ministers has already been postponed until fall.

The last bill on pensions for MPs and ministers was approved by Althingi in 2003. According to the bill, the retirement pension of MPs and ministers would see substantial increase. One of the Social Democrats’ campaign pledges was to change this bill and prevent the huge increase in pension payments. Morgunbladid reports.

“The MPs will work on this bill during summer vacation. The party leaders are all in favor of doing so,” Ingibjörg Sólrún Gísladóttir, leader of the Social Democrats, told Morgunbladid.

Ögmundur Jónasson, MP for the Left-Green Movement, said the government was only trying to sweep campaign pledges under the rug by postponing the bill.

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