MPs get 1.8% pay rise

5 Mar 18

MPs will receive a 1.8% pay rise for the coming financial year, raising the salary to £77,379 from April, the parliamentary standards watchdog has revealed.

The most recent wage increase means that MPs will receive an extra £1,368 compared to 2017-2018, the Independent Parliamentary Standards Authority has pointed out. 

The additional salary paid to committee chairs will also increase by 1.8%, from £15,235 to £15,509, starting on 1 April 2018.

This increase is below the rate of inflation but above the public sector pay cap of  1%, which has been in place since 2010.

The inflation rate -  consumer prices index 12-month rate – in January this year was 3%, according to the Office for National Statistics.

MPs’  basic salary for Commons members has increased in consecutive years since 2012 - going from £65,738 up to £76,011 in April of last year.

The rises since 2010 can be seen on the IPSA website here.  

This is the biggest MP wage increase in recent years, following a 1.3% rise in 2016 and a 1.4% increase in 2017.

The IPSA said the rises were “in line with our determination on MPs’ pay, published in July 2015, where we committed to adjusting MPs’ pay at the same rate as changes in public sector earnings published by the Office of National Statistics”.

Between 2012 and 2015 IPSA conducted a comprehensive review of MPs’ pay and pensions.

MPs with additional responsibilities – such as government ministers, or the speaker of the House – may receive additional entitlements, which are administered separately.

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