MPs to get a payrise to £79,468 from April 1

The Palace of Westminster (Picture: Getty Images)

MPs are to receive a 2.7 per cent pay rise, taking their basic salary for 2019/20 from £77,379 to £79,468, it has been announced.

The £2,089 hike, effective from April 1, is well above the current inflation rate of 1.8 per cent on the main CPI measure.

It follows a 1.8 per cent boost to MPs’ pay last year, 1.4 per cent in 2017, 1.3 per cent in 2016 and a big increase from £67,000 to £74,000 in July 2015.

MPs’ pay is linked to average rises in the public sector, as determined by the Office for National Statistics.

The 2.7 per cent figure was announced by the ONS on an interim basis in December and confirmed last week to the Independent Parliamentary Standards Authority, which made the final announcement.

Following reforms to the way MPs’ pay is calculated, the rise is automatic and not subject to a vote in the House of Commons.

Chairs of Commons committees will enjoy a 2.7 per cent increase to the additional salary they receive on top of their basic pay, taking it from £15,509 to £15,928. Ministers’ salaries are determined separately.

General secretary of the Public and Commercial Services Union Mark Serwotka said: ‘It is an outrage that MPs are rewarding themselves with an above inflation pay rise while civil servants who do some of the most vital jobs in society, are still subject to a cruel 1pc de-facto pay cap.

‘PCS are balloting 120,000 members for strike action over pay this summer and today’s news will only anger them further.’

Via Metro

My view: Well, that's the reason why MPs wants the job for life, as they get paid lucrative salary and jaw-dropping benefits. When they lose elections some of them will have no problem getting other jobs like having a column in a media organisation or they become lobbyists for firms?