Ministers Multi £million Pensions
Friday 23rd July
GOVERNMENT MINISTERS PENSION POTS ROCKET BY
MILLIONS
It’s quite
unbelievable that Ministers preach pay and pensions restraint while
quietly pocketing jaw-dropping pension rises says GMB
Using information gathered
from ‘Freedom of Information’ (FOI) requests and official
publications GMB has compiled a list (see below) of the Tory/Lib
Dem government’s ministerial team and the value of their MPs
pension hike as a result of becoming a minister. The value is
shown both as the actual pension increase and the cost of providing
such increases on the open market. These increases are on top
of the MPs pension they have already accrued before becoming a
minister.
Brian Strutton. GMB National
Secretary said, “It’s quite unbelievable that Ministers
preach pay and pensions restraint while quietly pocketing
jaw-dropping pension rises. The stench of hypocrisy is
overwhelming. GMB members on £6 an hour in the public sector
are told they face job losses, pay freezes and pension cuts by
government ministers who are taking massive hikes to their own
pensions. It’s a real sickener and the Tory and Lib Dem
Ministers should hang their heads in shame. Obviously ‘we’re
all in it together’ doesn’t apply to these fattest of fat
cats.”
|
|
SALARY
LIFT
|
Additional
Pension
|
ANNUITY
PRICE
|
|
|
|
Scottish Widows
(FSA)
|
|
|
|
Based on
1/40ths
|
Joint Life
RPI
|
|
Francis
Maude
|
£79,754
|
£9,969
|
£330,984
|
|
Patrick
McLoughlin
|
£79,754
|
£9,969
|
£330,984
|
|
Andrew
Mitchell
|
£79,754
|
£9,969
|
£330,984
|
|
William
Hague
|
£79,754
|
£9,969
|
£330,984
|
|
Eric
Pickles
|
£79,754
|
£9,969
|
£330,984
|
|
Liam
Fox
|
£79,754
|
£9,969
|
£330,984
|
|
Iain Duncan
Smith
|
£79,754
|
£9,969
|
£330,984
|
|
David
Willetts
|
£79,754
|
£9,969
|
£330,984
|
|
Andrew
Lansley
|
£79,754
|
£9,969
|
£330,984
|
|
Philip
Hammond
|
£79,754
|
£9,969
|
£330,984
|
|
Owen
Paterson
|
£79,754
|
£9,969
|
£330,984
|
|
Michael
Moore
|
£79,754
|
£9,969
|
£330,984
|
|
Oliver
Letwin
|
£79,754
|
£9,969
|
£330,984
|
|
George
Osborne
|
£79,754
|
£9,969
|
£330,984
|
|
Chris
Huhne
|
£79,754
|
£9,969
|
£330,984
|
|
Michael
Gove
|
£79,754
|
£9,969
|
£330,984
|
|
Jeremy
Hunt
|
£79,754
|
£9,969
|
£330,984
|
|
Danny
Alexander
|
£79,754
|
£9,969
|
£330,984
|
|
Cheryl
Gillan
|
£79,754
|
£9,969
|
£319,527
|
|
Theresa
May
|
£79,754
|
£9,969
|
£319,527
|
|
Caroline
Spelman
|
£79,754
|
£9,969
|
£319,527
|
|
Dominic
Grieve
|
£69,491
|
£9,969
|
£288,392
|
|
Vince
Cable
|
£79,754
|
£9,969
|
£258,003
|
|
George
Young
|
£79,754
|
£8,686
|
£247,991
|
|
Simon
Burns
|
£41,370
|
£5,171
|
£171,688
|
|
James
Paice
|
£41,370
|
£5,171
|
£171,688
|
|
David
Lidington
|
£41,370
|
£5,171
|
£171,688
|
|
Nick
Harvey
|
£41,370
|
£5,171
|
£171,688
|
|
Alan
Duncan
|
£41,370
|
£5,171
|
£171,688
|
|
Charles
Hendry
|
£41,370
|
£5,171
|
£171,688
|
|
Damian
Green
|
£41,370
|
£5,171
|
£171,688
|
|
John
Hayes
|
£41,370
|
£5,171
|
£171,688
|
|
Steve
Webb
|
£41,370
|
£5,171
|
£171,688
|
|
Paul
Burstow
|
£41,370
|
£5,171
|
£171,688
|
|
Nick
Gibb
|
£41,370
|
£5,171
|
£171,688
|
|
Mark
Prisk
|
£41,370
|
£5,171
|
£171,688
|
|
Chris
Grayling
|
£41,370
|
£5,171
|
£171,688
|
|
Gregory
Barker
|
£41,370
|
£5,171
|
£171,688
|
|
Hugo
Swire
|
£41,370
|
£5,171
|
£171,688
|
|
Nick
Herbert
|
£41,370
|
£5,171
|
£171,688
|
|
Greg
Clark
|
£41,370
|
£5,171
|
£171,688
|
|
Grant
Shapps
|
£41,370
|
£5,171
|
£171,688
|
|
Jeremy
Browne
|
£41,370
|
£5,171
|
£171,688
|
|
Sarah
Teather
|
£41,370
|
£5,171
|
£165,745
|
|
Theresa
Villiers
|
£41,370
|
£5,171
|
£165,745
|
End
End
Contact: Brian Strutton. GMB National Secretary
on 07860 606137 or Naomi Cooke, GMB Pensions Officer on 07739
919633 or GMB Press Office: Rose Conroy on 07974 251823.
Notes to
Editors: Ministerial salaries are taken from the official
list, pensionable service is taken from the year of being elected
an MP, assumed to be in the existing MPs 1/40ths pension scheme,
cost/value of the pension increases calculated using published
Scottish Widows annuity rates for an equivalent pension.