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Saturday 17.02.2018 | Name days: Konstance, Donats
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Latvian MEPs are guaranteed pensions of EUR 1,000

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULatvian MEPs will all receive an additional amount of EUR 1,000 to their retirement pensions. Those who were elected to the parliament repeatedly will receive an even larger additional amount.

It is possible that a larger pension is the largest benefit an MEP can get from this position. The size of the pension is equal to 3.5% of salary for each full year of work in the European Parliament. What this means is that a former MEP who has five years of experience in the EP would be paid approximately EUR 1,000 when going on retirement at the age of 63. If the MEP was elected multiple times, the additional amount is increased as well. However, it is not allowed to be paid more than 70% of the deputy’s monthly wage. All MEPs are paid equal wages. After taxes and insurance payments an MEP receives EUR 6,250.37 every month, as reported by De facto programme of LTV.

The programme also reveals other advantages as well. For example, parliamentarians are also provided with travel expenses from Latvia to Belgium. This includes business-class air travel. They also use special cars in order to travel from Brussels to Strasbourg. MEPs are also paid allowance of EUR 304 for their time in Brussels and Strasbourg. This money is meant to pay for hotel booking, meals and other expenses. If an MEP has a working visit outside of the EU, the allowance amount is EUR 152. Hotel costs are covered in addition to that. Such working visits are not allowed to be more expensive than EUR 4,243.

MEP’s are paid EUR 4,299 every month in order to buy computer equipment, writing utensils and pay for postal and communication services. MEPs do not have to report to the parliament on how they spend this money. MEPs also have the right to receive remuneration of healthcare costs.

MEPs are allowed to select subordinates. The maximum amount of money allocated to them for this is EUR 21,209 per month.

Ref: 102.109.109.4884


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  1. mike walsh says:

    Then people wonder why the wrong types are elected to parliaments!

    Thumb up 0 Thumb down 0

  2. Piotr says:

    The same applies with some journalists. but they don’t need pensions, they have all they need from Moscow.

    Thumb up 0 Thumb down 0

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