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Parliamentary pension benefits and Europe

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Parliamentary pension benefits and Europe

At a time when the pre-election period is open and the parties are lowering the candidates, it is interesting, apart from the salaries, what are the pensions that the MPs receive and how they are compared to their counterparts in Europe. MPs as well as ministers are the only officials who receive a state pension from the age of 60, meaning that they are no longer MPs or hold any other function or office in the Republic.

The tip is paid at the end of their term of office and is tax-free, in contrast to the applicable for civil servants and employees of the wider public sector for whom any lump sum or tip is earned for their service from 1/1/2013 and then subject to the imposition of income tax, in accordance with the provisions of the Income Tax Law, which was amended at the suggestion of the troika, but the deputies when they passed these bills excluded themselves.

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According to Law 49 (I) / 1980 on Pensions (Certain Officials of the Republic) and Law 88 (I) / 2011 on Pensions of State Officials (General Principles), the pension and gratuity of a Member of Parliament with a parliamentary term, ie 60 months , amount to 1,352 per month and 75,729 respectively, while for an MP who has completed two parliamentary terms, ie 120 months, the pension amounts to 3,306 per month and the tip to 185,115. The monthly secretariat allowance of EUR 1,025 is intended to cover the secretarial expenses of the Members themselves. It is also noted that the Secretariat allowance is considered a pensionable benefit and therefore upon their departure from the parliamentary office they receive increased pension by 513 per month and increase in tip by 28,704 in the case of two-term MPs. The monthly performance allowance of 1,708 euros received by the deputies is also considered a pensionable benefit. Therefore, with their resignation from the parliamentary office, the MPs with an increase of 973 per month and an increase in the tip of 54,481 receive two terms of office.

According to a survey published by the Parliament (data for 2015): In Romania, MPs who have reached the retirement age are retired, meaning that they have served in parliament for a term and have not been re-elected. There is no provision for the payment of monetary compensation to relatives of the Member after his death. In Slovakia, the provisions of the country's general pension system apply to MPs' pensions. Financial compensation in case of death is paid to the relatives as they lived under the same roof. In Croatia, the provisions of the country's general pension system apply and there is no provision for the payment of monetary compensation to relatives of the member of parliament after his death. In Estonia there is a special pension scheme for Members of Parliament and the amount of the pension is proportional to the number of years of service in parliament. Payment of a pension to dependent family members amounting to 30% of the monthly salary of each member. In Portugal, the provisions of the general pension system of the country apply and there is no provision for the payment of monetary compensation to relatives of the MP after his death. In Slovenia the provisions of the general pension system of the country apply for the pension and there is no provision for the payment of compensations to the relatives.

In Greece, members of parliament who have reached the age of 65 and have served in parliament for at least 8 years are entitled to a parliamentary pension. In France there are special retirement provisions as well as post-mortem allowances. In Finland the pension is paid after the age of 65 and there are special provisions for members of parliament. In Sweden the parliamentary pension is a supplement to the general pension paid under the state pension system. In Ireland there is a special pension scheme, proportional to years of service. The provisions of the general pension scheme apply in Austria. In Germany and Italy there are special provisions and a special pension system respectively.

Source: www.philenews.com

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