What figure the leaving present? What is the pension value?
First - The basic annual salary of an MP in the House of Commons was £76,011, as of April 2017. The basic salary of an MP is due to increase by 2.7% from 1 April 2019 from the current rate of £77,379 to £79,468 as announced on Thursday 28 February 2019 by the Independent Parliamentary Standards Authority (Ipsa).
When I intended to stand against ‘Ben’ Bradshaw MP (and member of the Henty Jackson Society) in 2010, I planned IF successful, to give away all in excess of the average wage in GB.
ONS May > 2019 Figure 2: “Despite recent growth, earnings in real terms are lower than before the 2008 to 2009 recession”
For July 2019, average regular pay, before tax and other deductions, for employees in Great Britain was estimated at: £507 per week in nominal terms 52x = £26,364
My NHS pension with an added ‘industrial injury’ award added + the State pension is more than adequate. (I believe we doctors, nurses, physios, porters etc paid in 6% of our salaries.) Sue and I live well within this generous pension. eg. Happy with a good fourth hand Subaru Outback.
The balance BEFORE tax etc = £53,104 could be put to good use. To help make good microscopically a bit of that made wrong by government or neglected – like the homeless child.