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Thursday, February 9, 2023

What are the salaries of Cypriot and European MPs?

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What are the salaries of Cypriot and European MPs?

One by one the parties announce the candidates in view of the elections that will take place in May but the interest is not only who are candidates and who will be elected but also what is the salary and the benefits they will receive.

MPs in Cyprus are not limited to the work of the legislature but can also practice another profession by raising their incomes. According to a survey of the Parliament (data for 2017), the monthly compensation of the members of the House of Representatives consists of: salary € 3,640.83, performance allowance € 1,945.75, secretarial allowance € 1,025.16, travel € 580, 92 and the annual gross salary is € 43,683. In the monthly cuts of the deputies, there is the income tax, the contribution for widow's pension, the pension plan of officials, GESY contribution, party contribution, which differs from party to party.

In the vast majority of European parliaments, the House of Representatives is about halfway through the payroll, comparing Portugal and Slovenia to countries with a slightly lower standard of living than Cyprus, according to a comparison of average wages and per capita income. . The authors of the report point out that the compensation of the members of the Cypriot parliament deviates significantly from the lower extremities, where Romania and Malta are located, with a salary less than half of the compensation of the Cypriot MPs, and from the upper extremity, where the Germany and Italy with a salary almost three times the salary of the Cypriot MPs.

READ MORE IN THE FILELEFTHEROS PRESS

Source: www.philenews.com

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