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What goes into determining MP pay rises?

Author
Newstalk ZB,
Publish Date
Wed, 1 May 2024, 7:54AM
Photo / File
Photo / File

What goes into determining MP pay rises?

Author
Newstalk ZB,
Publish Date
Wed, 1 May 2024, 7:54AM

We could be seeing the end of the pay freeze for MPs. 

The Remuneration Authority's set to increase most MP salaries 10.5% over three years. 

The first rise of 2.8% will be backdated to the election.  

This is the first pay rise since 2017 when Labour overruled the increase due to the cost of living.  

Remuneration Authority Chair Geoff Summers told Mike Hosking that salary increases are determined by looking at what's paid elsewhere.  

Summers says the 2.8% pay rise was a result, not a decision, made from aligning with the market. 

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