18.8 % pay increase for Members of Parliament Recommended by Board

The Legislature Salaries Review Board recommended that MPs and Senators be granted an 18.8% increase and MPs be granted an additional $7,000 per year, so the recommendation is that an MP’s basic salary “would increase from $56,023 to $73,555 and Senators basic salary would increase from $30,367 to $36,076.”

Report

The report — which was posted on the official Parliamentary website — said, “Since their last salary increase in 2009, the cost of living and the scope of their responsibilities have significantly expanded.

“Recognizing their critical contributions and the long-standing gap in their remuneration, it is both fair and necessary to adjust their salaries to reflect their hard work, ensuring they are adequately compensated for their invaluable service to Bermuda.

“The Ministers and Members of the Legislature should be acknowledged for the shared sacrifice of 2011 when they agreed to an across-the-board salary cut of 10% from Ministers’ annual salary. That cut should be restored by the House of Assembly as it was this body that authorised the cut at the time.

“The Board recommends that Members of Parliament and Senators be granted an 18.8% increase owing to the changes in the cost of living up to 2024.

“Members of Parliament be granted an additional $7,000 per year as an additional incentive to motivate those members of the community that may be interested in serving as a MP and to encourage current MPs to continue to serve.

“A Member of Parliament basic salary would increase from $56,023 to $73,555 and Senators basic salary would increase from $30,367 to $36,076.

Chart extracted from the report showing the current and proposed salaries they recommend

“The Board recommends that the 2011 voluntary cut of 10% to Minister’s salary be reversed and restored by Parliament as a means of improving the attractiveness of the job. This will mitigate, in part the challenge of motivating residents to step up into this realm of public service.

“It is recommended that these revised salary levels be effective April 1, 2025.”

Board Members

The members of the Ministers and Members of the Legislature Salaries Review Board are Maxwell Burgess, Carl Neblett, Cole Simons, Edward Ball Jnr, Jocene Wade, Steven Holdipp, and Donnie Francis.

Recommendation, Not Policy

At this stage, the report is a recommendation and is not a set policy. On the weekend, Bernews reached out to the government, the PLP and the OBA seeking comment whether they support the recommendations, and we will update as able if we receive any responses.

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