By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: How much do MEPs get paid, from allowances to golden parachutes?
Share
Notification Show More
Recent Saved
Workers in Bucharest face challenges as temperatures rise
World
Dress code guidelines for the Qatari government sector during office hours
Qatar
Court rules in favor of worker after company dismisses him for salary deductions over 6 years, awarding BD 27,000.
Bahrain
UAE to See Almost 30,000 New Millionaires in 5 Years
UAE
Proposed New Labor Law in Bahrain Targets Increasing Job Opportunities
Bahrain
Latest News
UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech
Beat the Heat This Summer with a Chill Out on Dubai Marina
World
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World
Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot
Sports
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > World > How much do MEPs get paid, from allowances to golden parachutes?
World

How much do MEPs get paid, from allowances to golden parachutes?

News Room
Last updated: 2024/07/11 at 4:46 PM
News Room
Share
5 Min Read
SHARE

As the newly elected lawmakers prepare to gather in Strasbourg for their first formal sitting since the EU elections held in June, they can expect a range of perks and benefits that come with being a member of the European Parliament. From salaries to allowances to golden parachutes, MEPs are entitled to considerable benefits while serving as EU lawmakers and even after they leave office. Here’s a breakdown of the main perks and benefits that MEPs can expect during their time in the European Parliament.

Salary is a significant perk for MEPs, as they all receive the same gross salary of €10,337 per month, which comes to €8,090 after special EU deductions. Additionally, most MEPs are required to pay additional national taxes. This salary compares favorably to those of national lawmakers, such as British MPs and French legislators, and is higher than the average salary of ordinary workers in the EU. The salary is uprated each year for inflation, providing MEPs with stable and competitive compensation throughout their time in office.

MEPs also receive a monthly expenditure allowance of €4,950 to cover office expenses in their home constituency. This allowance is highly controversial as it can be deposited directly into MEPs’ personal bank accounts without the need for justification or disclosure of spending. This has led to some controversy and legal challenges, highlighting the need for transparency and accountability in how these funds are utilized by MEPs.

In addition to their salary and expenditure allowance, MEPs are entitled to a flat-rate daily allowance of €350 when they are in Brussels or Strasbourg for parliamentary activities. This allowance is intended to cover accommodation, food, and other expenses while in the city, but MEPs must sign a register to confirm their presence and vote to receive the full amount. Missing roll-call votes can result in a reduced stipend, emphasizing the importance of active participation in parliamentary activities to receive full compensation.

MEPs are also allowed to have side jobs, with around two-thirds of them engaging in such activities. These side jobs are not always compensated, but collectively, MEPs earned an additional €8.6 million per year from outside earnings. This additional income can come from various sources, including corporations that lobby on EU policy issues, raising concerns about potential conflicts of interest and the need for transparency in these arrangements.

MEPs are entitled to a golden parachute allowance even after they leave office, such as if they are not re-elected or choose to take a job in the private sector. This allowance is equivalent to their monthly salary and is paid for a transitional period based on their length of service. Additionally, MEPs qualify for a pension when they turn 63, worth up to 70% of their salary accrued over their years of service. This provides financial stability and support for MEPs after they leave office.

Another significant benefit for MEPs is the reimbursement of travel expenses to and from the European Parliament. This includes business-class air travel, first-class rail, and refunds for car journeys. Additionally, MEPs can claim expenses for travel and accommodation when visiting other EU countries outside of official Parliament meetings. MEPs in Brussels or Strasbourg also have access to the Parliament’s fleet of vehicles for official business, providing convenient and efficient transportation options.

Overall, MEPs receive a monthly budget allocation of €29,557 to hire three to four assistants who help with administrative and policy work. While MEPs have the freedom to choose their own staff, they are prohibited from hiring close family members to maintain professionalism and impartiality. These assistants play a crucial role in supporting MEPs in their parliamentary duties and ensuring efficient and effective operations within the European Parliament, highlighting the importance of staff support in the legislative process.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room July 11, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Oman attends GCC legislative meeting in Riyadh
Next Article Qatar Museums and Qatar Cinemas Co. collaborate to activate Gulf Cinema Complex.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off
Sports July 6, 2025
Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World
Tech July 1, 2025
Beat the Heat This Summer with a Chill Out on Dubai Marina
World July 1, 2025
Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”
World June 28, 2025

You Might also Like

World

Beat the Heat This Summer with a Chill Out on Dubai Marina

July 1, 2025
World

Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”

June 28, 2025
SportsWorld

Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember

May 22, 2025
LifestyleWorld

Moscow Metro Marks 90 Years with Technological Advancements and Heritage Events

May 19, 2025
World

KoçSistem Participates in LEAP Expo as a Leading Tech Brand from Türkiye

February 18, 2025
World

Gunmen murder three Israelis in attack on West Bank bus

January 6, 2025
World

Video: January 6th Midday Latest News Bulletin

January 6, 2025
World

Video: Latest Updates | January 6th Morning News Bulletin

January 6, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?