MP's pay

[fredpuli47]

When were Members of Parliament first paid a salary for being Members? How does the present salary of an MP compare with their salary in 1950, 1900, and 1850 and/ or the year of its introduction, when expressed in modern money ?

[ABerrant]

Although some form of payment can be traced back to the 13th Century, it was only in 1911 that MPs first received a regular salary. To equate that to a contemporary value is open to much variation depending on the method or index used. As examples, here are equivalents using Retail Price Index and Average Earnings...

Aug 1911 - £400 ... RPI ~£29,000 ... AE ~£153,000
Oct 1931 - £360 ... RPI ~£17,500 ... AE ~£68,000
Apr 1946 - £1,000 ... RPI ~£30,000 ... AE ~£95,000
Jan 1972 - £4,500 ... RPI ~£43,000 ... AE ~£72,000

http://www.parliament...es/factsheets/m05.cfm
http://www.measuringworth.com/ukcompare/

[ABerrant]

...forgot to add that the present salary is £64,766

[fredpuli47]

Thanks. They may not be doing so very well compared to their predecessors then, but ,of course, they may be getting perks which past generations did not get (let alone 'expenses! ) A friend who's married to an MP calculated his, legitimate, salary at a bit over £100,000 in practice. That may change, given that ' legitimate' may not in future be permitted !