12/12/2013

Ipsa Confirm Pay Rise For MPs

The Independent Parliamentary Standards Authority (Ipsa) has confirmed that MPs will receive an 11% pay rise. This will see salaries increase by £7,600 in 2015.

The body responsible for setting MPs' salaries has said that once other changes have been taken into account, the rise will not cost taxpayers "a penny more".

However, the Prime Minister has called the pay rise "inappropriate", with Labour leader Ed Milliband calling for talks between party leaders and Ipsa.

Under the new pay scheme, due to be introduced in 2015, MPs would receive a "one-off" pay rise with salaries then being linked to average earnings.

Pensions will also be reformed as part of the new plans, with "outdated resettlement payments" being scrapped alongside the tightening up of expenses rules.

It is understood that MPs would also be expected to produce an "annual account of their work to help their constituents understand what it is MPs actually do."

(MH/JP)

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