MPs will get an eye-watering, inflation busting £2,500 pay rise next month, it has been announced.
The Independent Parliamentary Standards Authority (IPSA) announced MPs basic pay for 2020-21 will rise by 3.1%, from £79,468 to £81,932.
Since 2015, MPs pay rises have been tied to the average change in public sector earnings.
The wallet-filling wage boost of 3.1% compares to an inflation rate of 1.8%.
The rise is automatic and not subject to a vote in the House of Commons.
It was announced earlier in the week that MPs staff will also see a pay boost to bring their salaries in line with comparable roles outside the Commons.
A £19.7 million staffing budget increase was recommended by expenses watchdog Ipsa, and agreed by the Speaker's Committee for the Independent Parliamentary Standards Authority (Scipsa).
It means each of the 650 MPs will receive a budget increase of 13.1% (£21,900) for staff in London and 13.9% (£21,600) for staff outside the capital.
Richard Lloyd, IPSA interim Chair, said: “Our review of MPs’ staffing budgets in 2019 found demands on MPs’ offices were high, with staff doing difficult and stressful casework with constituents on a very wide range of problems.
"There was often high staff turnover, with salary levels below comparable roles elsewhere, based on independent benchmarked evidence. In many MPs’ offices, relatively little time or money was spent on staff training, wellbeing and development."
He added: “As a result, we have provided additional funding in MPs’ 2020-21 staffing budgets for staff training and welfare, security, and changes to the salary bands and job descriptions for MPs’ staff to bring them into line with the jobs they actually do.
"This action demonstrates IPSA’s ongoing commitment to supporting MPs and their staff to serve their constituents, and we will review this over the next year, in line with our assurance work.”
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