Schedule

Part of Members' and Ministers' Pay and Allowances – in the House of Commons at 10:06 pm on 19 July 1983.

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Turning to pensions, the review body recommends, and the Government accept, that the pension accrual rate for Members should in future be set at one fiftieth rather than one sixtieth of pensionable salary. This is a long sought change. Members cannot normally be expected to have had a full working parliamentary life of 40 years.