Members of either House of
Parliament are entitled to receive such salaries and allowances as may be
determined by Parliament, and there is no provision of pension in the
Constitution. However, Parliament has provided pension to the members.
In 1954, the Parliament enacted
the Salaries, Allowances and Pension of Members of Parliament Act.
In 2010, the Parliament increased the salary of members from Rs. 16,000 to Rs. 50,000 per month, the constituency allowance from Rs. 20,000 to Rs. 45,000 per month, the daily allowance from Rs. 1,000 to Rs. 2,000 for five years and office expenses allowance from Rs. 20,000 to Rs. 45,000 per month.
In 2010, the Parliament increased the salary of members from Rs. 16,000 to Rs. 50,000 per month, the constituency allowance from Rs. 20,000 to Rs. 45,000 per month, the daily allowance from Rs. 1,000 to Rs. 2,000 for five years and office expenses allowance from Rs. 20,000 to Rs. 45,000 per month.
From 1976, the members are also
entitled to a pension on a graduated scale for each five-year-term as members
of either House of Parliament. Besides, they are provided with travelling
facilities, free accommodation, telephone, vehicle advance, medical facilities
and so on.
The salaries and allowances of the
Speaker of Lok Sabha and the Chairman of Rajya Sabha are also determined by
Parliament. They are charged on the Consolidated Fund of India and thus are not
subject to the annual vote of Parliament.
In 1953, the Parliament enacted
the Salaries and Allowances of Officers of Parliament Act. Under this Act, the
Parliament has fixed the salaries as well as allowances of both the Speaker and
the Chairman.
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