MPs to enjoy above-inflation 2.7% pay rise, bringing basic pay to almost £80,000
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.
The 2.7% figure was announced by the ONS on an interim basis in December and confirmed last week to the Independent Parliamentary Standards Authority, which made the final announcement.
Following reforms to the way MPs’ pay is calculated, the rise is automatic and not subject to a vote in the House of Commons.
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.
Ministers’ salaries are determined separately.