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Members' Salaries

Volume 960: debated on Friday 19 January 1979

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asked the Lord President of the Council to what level a Member's salary would now have to be increased to be worth the same as in September 1964.

The parliamentary salary in September 1964 consisted of a basic figure of £1,000 plus a payment of £750 in lieu of the old-style Sessional allowance. Increasing this total figure in line with the movement in the index of retail prices between September 1964 and December 1978 produces a figure of £6,358. The parliamentary salary was, however, increased to £3,250 p.a. on 16th October 1964 and updating this figure by the RPI rise between October 1964 and December 1978 produces a figure of £11,788.