MPs 10% pay rise - snouts in the trough

HAMISH_MCTAVISH

I wouldn't take a pay cut to be an MP and I don't know anyone that would.

The only people that want the job are rich toffs who don't need the pay, or incompetent county politician level partisan hacks, who couldn't get a decent paying job in the private sector if they tried.

I want the best and brightest in politics.

Not someone mediocre enough to think 75k is a a good income or who inherited so much they don't care if they work for peanuts!

Tromking

CLAPTON wrote: »

lots of public sector jobs with better pay, higher pensions and you don't stand to get sacked after 5 years

How many seats ever change hands?
9% in the 2005 general election and thanks to FTP the majority of these people are the archetypal time served civil servants, not forgetting the chance of course with a bit of networking the ability to get paid handsomely to attend the finest gentlemans club in the UK, namely the House of Lords.
i wonder how many other public service pensions have a 1/40th accrual rate BTW.

CLAPTON

Tromking wrote: »

How many seats ever change hands?
9% in the 2005 general election and thanks to FTP the majority of these people are the archetypal time served civil servants, not forgetting the chance of course with a bit of networking the ability to get paid handsomely to attend the finest gentlemans club in the UK, namely the House of Lords.
i wonder how many other public service pensions have a 1/40th accrual rate BTW.

there are about 650 MPs
9% is about 58

I fancy more than that changed hands in 2015

a 1/40 accrual rates is a very generous rate although it doesn't give a massive return if one is only an MP for 5 or 10 years

PasturesNew

RUN_RABBIT_RUN wrote: »

Basic salary
Jan 1996 £34,085

Jul 1996 £43,000 Apr 1997 £43,860 Apr 1998 £45,066 Apr 1999 £47,008 Apr 2000 £48,371 Apr 2001 £49,822 Jun 2001 £51,822 Apr 2002 £55,118 Apr 2003 £56,358 Apr 2004 £57,485 Apr 2005 £59,095 Apr 2006 £59,686 Nov 2006 £60,277 Apr 2007 £61,181 Nov 2007 £61,820 Apr 2009 £64,766 Apr 2010 £65,738 Apr 2013 £66,300

Apr 2014 £67,060

In 1996 I was earning half what they were.
In 2015 I'd be lucky to find something at 1/4 of their £74k

Landofwood

PasturesNew wrote: »

In 1996 I was earning half what they were.
In 2015 I'd be lucky to find something at 1/4 of their £74k

I think that says more about you than them.

Tromking

Landofwood wrote: »

I think that says more about you than them.

....and that reply says a great deal about you too.

prowla

CLAPTON wrote: »

lots of public sector jobs with better pay, higher pensions and you don't stand to get sacked after 5 years

With a nice golden handshake...

Andy_L

CLAPTON wrote: »

a 1/40 accrual rates is a very generous rate although it doesn't give a massive return if one is only an MP for 5 or 10 years

and also ceases to be available when their scheme changes later this year

Andy_L

prowla wrote: »

With a nice golden handshake...

Which has been heavily cut under this deal

Tromking

Andy_L wrote: »

and also ceases to be available when their scheme changes later this year

......changes to a 1/51 rate, still very generous.