MPs' pay compared to public sector pay
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Since IPSA was established in 2010, MPs’ have received a 1% pay rise each year – including last year.
On 16 July 2015, we published the final report on our review of MPs’ remuneration, concluding a review which began in October 2012. As you will be aware, we are now implementing a package of reforms, which includes:
reducing MPs' generous pension benefits;
scrapping resettlement payments for MPs which had been worth up to a year's salary;
tightening MPs' expenses further; and to call on MPs to produce an annual account to help constituents to understand their work;
making a one-off adjustment to MPs' pay from £67,060 to £74,000 a year, to reflect that it had fallen behind; and
thereafter, linking changes in MPs' pay to average earnings in the public sector;
You can read the full report on our website.
Page 13 of the report makes reference to pay increases across the economy, and notes that, on average, pay across the public sector has increased by 5% over the last five years according to figures from the Office for National Statistics (ONS). These figures are referenced in the report and are available on the ONS’ website through the following steps:
Click the link to ‘AWE Total Pay’
The column ‘KAC7’ refers to weekly earnings in the public sector. The change in the figures between March 2010 and March 2015 indicate a 5% increase.
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- July 23, 2015
- MPs' PAY AND PENSIONS
- Exemptions Applied:
- Section 21