Cox proposes MP pay cut – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

Cox proposes MP pay cut

Government MPs are willing to take a five percent cut in their salaries this year.

Premier Paula Cox today wrote a letter to Opposition leader Craig Cannonier proposing to have ministers’ pay reduced and pension contributions stopped for the year.

The two moves combined would result in a 17.5 percent cut in MPs salaries.

“You will be aware from media reports that representatives of the unions/associations who represent Government employees are currently considering a proposal which would, for a period of one year, involve a cessation of pension contributions together with a commensurate reduction in gross salary,” Ms Cox wrote.

“I write to inform you that the Government members in the Legislature are prepared to accept a similar arrangement which would for a period of one year involve a cessation of pension contributions together with a commensurate reduction in gross salary. Further to this, ministers and Government members in the Legislature are prepared to accept an additional decrease in their salaries of five percent.”

She continued: “The combination of the two measures above will see a reduction of 17.5 percent in minister and members’ salaries for this upcoming fiscal year. I would be grateful if you would indicate whether your members would be willing to join the Government members, and agree to a decrease in your salaries and a one-year freeze in pension contributions.”–

You must be Registered or to post comment or to vote.

Published February 09, 2012 at 5:54 pm (Updated February 09, 2012 at 5:54 pm)

Cox proposes MP pay cut

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon