NEW ZEALAND”S MPs are set to get a 1.9 percent pay rise just in time for Christmas, the Remuneration Authority has said.
The increase will be backdated to July 1 this year, meaning backbench MPs will get $1400 and the Prime Minister $3895.
It takes a backbenchers base salary from $141,800 to $144,600, while John Key’s pay increases from $411,510 to $419,00.
Opposition Leader David Shearer’s base salary rises from $257,800 to $262,700.
In a statement, the authority said pay had not kept pace with increases in the coast of living or general wage movements, and the change was partly at the request of Parliament, and partly due to the authority taking into account “adverse economic conditions”.
Since 2009 general salaries and wages had risen by 5.6 per cent while parliamentary salaries excluding the $2000 and $5000 increases to make up for the loss of travel perks, had risen by only 2.9 per cent, the authority said.