Pension of Members of Parliament

With effect from the 18th day of May, 2009, there shall be paid a pension of twenty-five thousand rupees per mensem to every person who has served for any period as a Member of the Provisional Parliament or either House of Parliament: Provided that where a person has served as a member of the Provisional Parliament or either House of Parliament for a period exceeding five years, there shall be paid to him an additional pension of two thousand rupees per mensem for every year served in excess of five years. The pension and additional pension to every person shall be increased after every five years commencing from 1st April, 2023 on the basis of Cost inflation Index provided under clause (v) of Explanation to Section 48 of the Income-tax Act, 1961.