Q&A

What is the pension of an MP in India?

What is the pension of an MP in India?

Every MP entitled to a pension of Rs 20,000 per month. If an MP has served more than five years, he shall be entitled to Rs 1500 extra for every year he has served after the first five years. Is that true that an MLA or MP will get life long pension whether he is in power or not?

What is the pension of a former Member of Parliament?

A former MP is entitled to a minimum pension of 20,000/- per month and an additional pension of 1500/- per month for every year served as member of either House for a period exceeding five years. Family pension to spouse or dependent of a deceased member/ex-MP equivalent to 50\% of the pension otherwise admissible to such deceased member/Ex-MP.

Can Parliament alone approve how much pension MPs can draw?

As members in Rajya Sabha expressed reservations over Supreme Court’s reported remark about pension to former lawmakers, Union finance minister Arun Jaitley said on Thursday that Parliament alone has the authority to approve the way public money is to be spent and it alone can legislate on how much pension MPs can draw.

READ:   What is meant by dividend balancing?

What is the pension of an ex-MP?

An ex-MP is entitled to pension even if he becomes a member of Parliament for a day. If a person serves as member of Parliament for more than one full term, the amount of pension increases by Rs 1,500 for every year as an MP.

What is the pension of a former MLA?

Pension for Former MLAs When any member retires from his MLA post, he/she is entitled to get a lifelong pension from the state government. The pension amount will depend on the last drawn salary. In case the former MLA passes away, his/her spouse will be receiving 50\% of the pension as a family pension.

Should ex-MPs get pension?

Toady a former MP is entitled to a minimum pension of 20,000 per month and an additional pension of 1500/- per month for every year served as member of either House for a period exceeding five year. British and American MPs get pension while Singapore abolished pension for its MPs in 2012. I personally favor Legislative members getting pension.

READ:   How do I control what I see on Facebook News Feed?

Is the salary of MLAs the same in all Indian states?

The salary of MLAs is not the same in all Indian states. The salary and other allowances are fixed by the state authority. Each state authority pays a different amount to the elected MLAs.