The Central Government has notified an increase in MPs’ salary, daily allowance, pension, and additional pension. The monthly salary for both Lok Sabha and Rajya Sabha MPs has been increased from Rs 1 lakh to Rs 1.24 lakh, while their daily allowance has been raised from Rs 2,000 to Rs 2,500.
The hike will be effective from April 1, 2023. There are 543 Lok Sabha MPs, 245 Rajya Sabha MPs, and numerous former lawmakers who will benefit from the increased pension.
Additionally, the pension for former MPs has been revised from Rs 25,000 to Rs 31,000 per month, with an increase in additional pension for every extra year of service beyond five years from Rs 2,000 to Rs 2,500, according to the Ministry of Parliamentary Affairs.
This revision comes during the ongoing Budget Session of Parliament. The last update to MPs’ salaries, allowances, and pensions took place in April 2018.
Additionally, MPs also enjoy 34 free domestic air journeys per year for themselves and their immediate families, as well as rent-free accommodations in prime locations. Those who opt out of official housing can claim a monthly housing allowance of Rs 2 lakh.
Additional benefits include 50,000 units of free electricity annually, 4,000 kilolitres of free water per year, and comprehensive healthcare coverage under the Central Government Health Scheme (CGHS) for MPs and their immediate family members.
