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MPs will get a 5.5 per cent pay rise next month after the Commons watchdog balked at awarding a bigger bump.
The Independent Parliamentary Standards Authority announced that politicians’ wages will go up to £91,346.
It said that reflected the increase recently agreed for senior civil servants. The mechanism usually set pay increases, the average rise in the public sector, would have given a figure of 7.1 per cent – nearly £1,400 more.
However, Ipsa said it had opted to ignore the metric this year because one-off payments to public sector staff had inflated it.
The Independent Parliamentary Standards Authority announced that politicians’ wages will go up to £91,346
Ipsa said it had opted to ignore the usual metric this year because one-off payments to public sector staff had inflated it
It is still the biggest increase for MPs since their salaries were dramatically boosted in a review in 2015, and could be controversial as CPI inflation drops towards 2 per cent in the coming months.
It is also larger than the 5 per cent award for most NHS staff this year, although that was accompanied by lump sums.
Peers are also on track for a big windfall, with their tax-free daily ‘attendance allowance’ likely to be increased by the same proportion from the current £342.
In a report on the pay decision today, Ipsa said: ‘In 2023, exceptional payments were made to some public sector workers – for example, one-off cost of living bonuses.
‘These payments resulted in the ONS measure we use not reflecting the pay increase the vast majority of the public sector saw.’
Post source: Daily mail
Content source – www.soundhealthandlastingwealth.com
