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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.”–