
Tynwald members have approved a new pension scheme which they will pay into.
As of April 1 all existing members who sign up to the scheme, which is optional for them, will pay 3%, rising to 4% next year and finally 5% by April 2014.
It is only compulsory for those who enter Tynwald after April 1 this year.
An amendment brought forward by Onchan MHK Peter Karran, which called for higher contributions, was defeated easily, only finding favour with six of the 29 members in attendance today.
During the debate members who said they backed Mr Karran's amendment were heavily criticised by some, most notably West Douglas MHK John Shimmin:
DOI actively installing mould-preventing devices in its vacant social houses
Tricia Hillas pens letter ahead of LegCo voteĀ
Petition to ban electric shock collars on Island pets reaches 800 signatures
Castletown residents invited to view Buchan School redevelopment plans