MPs’ pay & pensions

Annual changes in MPs’ pay are decided by the IPSA Board in line with the statutory determination. IPSA must review its determination in the first year of each Parliament. The statutory determination may set out how the IPSA Board will decide on adjustments to MPs' pay and the various issues it will consider in making that decision. You can read the current determination in the section below.

Between 2012 to 2015, we conducted a comprehensive review of MPs’ pay and pensions. 

Read more about our reviews of MPs’ pay and pensions.

Pay determination: MPs’ salary

1. This determination was made by IPSA under Section 4 of the Parliamentary Standards Act 2009 on 16 December 2025. It supersedes all previous determinations with immediate effect.

2. With effect from 16 December 2025 and for the remainder of the current Parliament, IPSA will decide annually whether to apply an adjustment to the MP Salary and the amount of any adjustment necessary to achieve a salary that is fair to both MPs and to taxpayers, having regard to the nature of the role and MPs’ overall remuneration.

3. In making its annual decision, IPSA will take into account data on pay settlements, earnings statistics, the outlook for the UK economy and wider public sector pay policy, including the following:

• Economic forecasts, including those of the Office for Budget Responsibility and Bank of England

• Inflation measures and information about forecast inflation

• Earnings data and labour market trends, including official data on average earnings and average household income

• Employer surveys and pay trends

• Public sector pay awards, the evidence and recommendations from the eight pay review bodies, including the Senior Salaries Review Body, and the remit given to them by the government

• Salaries of parliamentarians in other similar democracies

• Salaries of other professionals who hold positions of responsibility in the community

Pay determination: additional salary for specified committee chairs

1. This determination was made by IPSA under Section 4 of the Parliamentary Standards Act 2009 on 16 December 2025. It supersedes all previous determinations with immediate effect.

2. The holder of an office or position specified by the House of Commons in a resolution under Section 4A(2) of the Parliamentary Standards Act 2009 (collectively called “specified Committee Chairs”) shall be paid a salary per annum (referred to as an "Additional Salary") by IPSA in accordance with this determination in addition to the MP Salary he or she shall be entitled to receive as a Member of Parliament.

3. For the avoidance of doubt, the term “specified Committee Chairs” covers Chairs of Select Committees and Members of the Panel of Chairs.

4. With effect from 16 December 2025 and for the remainder of the current Parliament, IPSA will decide annually whether to apply an adjustment to the Additional Salary and the amount of any adjustment necessary to achieve a salary that is fair to both MPs and to taxpayers, having regard to the nature of these additional responsibilities and MPs’ overall remuneration.

5. In making its annual decision, IPSA will take into account data on pay settlements, earnings statistics, the outlook for the UK economy and wider public sector pay policy including the following:

• Economic forecasts, including those of the Office for Budget Responsibility and Bank of England

• Inflation measures and information about forecast inflation

• Earnings data and labour market trends, including official data on average earnings and average household income

• Employer surveys and pay trends

• Public sector pay awards, the evidence and recommendations from the eight pay review bodies, including the Senior Salaries Review Body, and the remit given to them by the government

• Salaries of parliamentarians in other similar democracies

• Salaries of other professionals who hold positions of responsibility in the community

6. No specified Committee Chair shall:

• receive more than one Additional Salary under this determination, or

• receive an Additional Salary for any period, or part thereof, if the specified Committee Chair is also entitled to a further salary by virtue of any provision of the Ministerial and other Salaries Act 1975.

Select Committee Chairs

7. The Chair of a Select Committee specified by the House of Commons in a resolution under Section 4A(2) of the Parliamentary Standards Act 2009 shall be paid the Additional Salary in respect of a period that:

• begins with the day on which the Member becomes Chair of such a Committee (or the day on which the Committee is constituted, if later); and

• ends on the day on which the Member ceases to be Chair (or, if he or she is Chair of more than one such committee, he or she ceases to be Chair of the last of those committees).

8. If the name of a specified Select Committee is changed, this will be taken to be a reference to the Committee by its new name.

9. If the functions of a specified Select Committee become functions of a different Committee, this will be taken to be a reference to the Committee by whom the functions are for the time being exercisable.

Members of the Panel of Chairs

10. A Member of the Panel of Chairs shall be paid an Additional Salary in respect of any period served as a Member of the Panel of Chairs. The period shall begin on the day on which the Member is appointed to the Panel and end on the day on which the Member ceases to be a member of the Panel.

MPs who chair select committees or who are members of the Panel of Chairs are entitled to an additional salary. Since 2013, IPSA has had responsibility for determining these additional salaries.

Between March and May 2016, we conducted a consultation on these additional salaries. Read more about the outcome of the consultation.

Additional salaries of select committee chairs

Additional salaries of members of the Panel of Chairs

On 20 November 2025 we published a revised MPs’ pension scheme following a consultation that ran in August 2025.

The amended rules include a new provision that will allow sitting MPs to choose to receive their pension commencement lump from minimum retirement age or later. The rest of their pension would be held back until they leave Parliament.

This change reflects the fact that MPs do not have access to ‘partial retirement’ or other options to take their pension flexibly that exist elsewhere in the public sector.

As part of a second phase IPSA will look to make further changes to allow MPs who have taken this option to choose to rejoin the scheme in the future.

Revised MPs' pension scheme (PDF) Web-accessible version (PDF)

For scheme members

Please contact the Parliamentary Contributory Pension Fund (PCPF) for more information on this option and the potential impact on your pension.

MPs with additional responsibilities (such as government ministers or the Speaker of the House of Commons) may receive supplementary entitlements due to those roles. These additional entitlements are administered separately by other bodies.

Further information on these can be found on Parliament's website.

We are responsible for the European Parliamentary (United Kingdom Representatives) Pension Scheme, which closed to new entrants in 2009.

Our role is to review and amend the pension scheme rules where appropriate, and to appoint scheme managers. The scheme is administered by MyCSP and pension payments are made by XPS. If you are a deferred or pensioner member of the scheme and require information, please phone the MyCSP Contact Centre on 0300 123 6666, or on +44 1903 835902 from outside the UK, and ask to be transferred to the Specialist Processing Unit.

The Contact Centre is open on Mondays, Tuesdays, Thursdays and Fridays from 8:30-18:00, and on Wednesdays from 09:00-18:00.

Alternatively, you can email any queries to SpecialitySchemes@mycsp.co.uk.

For further information, visit the European Parliament (United Kingdom Representatives) Pension Scheme.