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MPs to get huge salary hikes

Jul 26 2012 10:59
Cape Town - Members of parliament could soon earn as much as R900 000 per annum should President Jacob Zuma accept a proposed 5.5% salary hike for public office bearers.

Zuma is set to consider the recommendations put forward by the Independent Commission for the Remuneration of Public Office Bearers, MoneyWeb reported.

If the president approved the increases, it would bring the basic salary of an MP to R889 383, in addition to other perks including flights, pension and medical aid.

Zuma's salary would increase from R2 485 839 to R2 622 561 for the 2012/2013 period, while Deputy President Kgalema Mothlanthe's package would increase to just over R2.3m.

Department ministers would get salary increases over R2.06m and the total remuneration of deputy ministers would be just over R1.6m a year.

Commission chairperson Judge Willie Seriti said the proposal, which is 0.5% higher than last year's, enjoyed the backing of the ministers consulted, notably Finance Minister Pravin Gordhan.

"In the past he has differed from us... his views do play a role, but he does not dictate to us," Seriti said.

The commission said it based its recommendation on the consumer price index, the economic climate and market trends in salary increases.

Seriti said the commission felt that there was a need to link pay increases for public office bearers to performance, but at present the law did not allow for this.

He said a study to explore possible amendments had been halted due to a lack of funding for the commission.

The pay increases would take effect retroactively from April 1.

 - Fin24

government  |  salary increases



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