MPs are to receive a 2.7% pay rise, taking their basic salary for 2019/20 from £77,379 to £79,468, it has been announced.
The £2,089 hike, effective from April 1, is well above the current inflation rate of 1.8% on the main CPI measure.
It follows a 1.8% boost to MPs’ pay last year, 1.4% in 2017, 1.3% in 2016 and a big increase from £67,000 to £74,000 in July 2015.
MPs’ pay is linked to average rises in the public sector, as determined by the Office for National Statistics.
£79,468 MPs’ annual basic salary from April 1 2019
Chairs of Commons committees will enjoy a 2.7% increase to the additional salary they receive on top of their basic pay, taking it from £15,509 to £15,928.
In Comparison National Minimum Wage and National Living Wage rates.
- school leaving age to get the National Minimum Wage
- aged 25 to get the National Living Wage – the minimum wage will still apply for workers aged 24 and under
These rates are for the National Living Wage and the National Minimum Wage. The rates change every April.