Forum Topic

Could this be Factual.?

It is said that due to a loophole in the Law ,a Member of Parliament can RETIRE AT the age of FIFTY----AND DRAW A PENSION OF Forty Thousand pounds  per Annum. Sounds reasonable. Why then do I find it hard to believe?.What no qualifying period? I am trying to find the correct answer. HELP

Os A Whittle ● 5076d4 Comments

Thank You Nigel.Here is what i did find:The scheme also fits ill with other public policies. If an MP falls sick he or she need not worry about hard-faced men from the healthcare company refusing incapacity benefits. He must merely satisfy those of his colleagues who serve as trustees that he is no longer up to the green benches. He will then get his full pension at once – topped up, in some circumstances, on the assumption that the voters would have continued to return him until he turned 65.

Os A Whittle ● 5075d

And now the link......http://www.parliament.uk/about/faqs/house-of-commons-faqs/members-faq-page2/

Nigel Brooks ● 5075d

Follow the last link on this page to find the answer and all the background data.It is a contributory scheme with a qualifying period.'Googling' to find it took 15 seconds, I'll send you the bill later :-)

Nigel Brooks ● 5075d

Thats a question for your local MP.

Mark Stevens ● 5075d