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MPs to get 11 per cent pay rise

By HETinaCrowson  |  Posted: December 08, 2013

Parliament

MPs in action

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MPs are set to receive an 11 per cent rise after the 2015 general election to take their pay to £74,000.

The Independent Parliamentary Standards Authority is also expected to announce a squeeze on pensions and the resettlement grants that MPs are given when they leave Parliament.

An MP's basic salary is £66,396 but when the Parliamentary watchdog publishes its final recommendations on salaries this week it is expected to say that their pay has fallen behind in recent years and a substantial "one-off" rise is justified.

All three party leaders disagreed with the rise — which will cost taxpayers £4.6m —  when it was first proposed.

The move  takes MPs' salaries to nearly three times the national average wage of £26,500, at a time of ongoing austerity.

The new arrangements, due to take effect from May 2015, will also require MPs to publish an annual report explaining their achievements during the year to their constituents.

 

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2 comments

  • mikelister66  |  December 08 2013, 9:30PM

    Or the cuts to pensions, expenses claims and other benefits. The headline is always going to be the 11% rise but it would be interesting to see what the actual net rise is after all the other changes are taken into account.

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  • Sinjis_Things  |  December 08 2013, 4:25PM

    What is not mentioned in the story above is that many MPs are saying they will not accept the pay rise.

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