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Finance committee approves budget for pay increase passed by Progressives

by Renae Stampp
July 22, 2021
in Government
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Finance committee approves budget for pay increase passed by Progressives

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(CMR) Members of Parliament are set to receive an increase in their salary and constituency allowance funds after the Finance Committee approved funds for the increase, which had been passed in February by the Progressives led government.

At the time, the additional expenses were approved by the previous administration to go before the Finance Committee but were delayed as a result of former premier Alden McLaughlin calling an early election. This left a number of matters on the table as unfinished business for the budgetary aspect.

The Progressives government had given themselves a pay increase as well as a newly introduced three month severance if the event that they were not re-elected or opted not to run for public office.

Monday was the first time the Finance Committee met since then.

The Finance Committee approved four supplementary appropriations, including additional expenses for salary and benefits. Premier Wayne Panton read the four items to be approved after they were left off items for approval on the meeting's agenda.

Panton outlined the additional expenses in a last-minute inclusion after stating that they were inadvertently left off the schedule of items that were to be presented during the Financial Committee meeting.

Additional expenses approved for the 2021 financial year include $141,667 for salaries and benefits for the premier, deputy premier, member of parliaments, speaker of parliament, and members of the Cabinet.

An additional $93,333 was approved for constituency allowance funds, while $116,667 was approved for servicing of the Parliament.

The Finance Committee also approved $175,574 for administrative and advisory staff to members of the parliament. This will include salary for some new positions.

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Tags: finance committeesalary increase
Renae Stampp

Renae Stampp

A regional writer with almost 10 years of experience working in various news media including two major media houses in Bermuda and Jamaica. Renae provides professional content for our regional and international audience.

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