§ Mr. Marlowasked the Lord Privy Seal, under existing arrangements and without making allowances for inflation, what will be the total emoluments and allowances of Commissioner Jenkins since his appointment and until he reaches his 80th birthday.
§ Mr. HurdIt would not be possible to provide a figure for emoluments up to Mr. Jenkins' 80th birthday. Such a figure would depend not only on inflation, but on exchange rate fluctuations and would be entirely hypothetical.
On the basis of the current exchange rate of B Frs 72=£1, the present salary of the President of the Commission is £62,376; he also receives a lump sum allowance of £5,700 for representational purposes and residence and household allowances of 15 per cent, and 5 per cent, respectively of his basic salary.
On retirement, Mr. Jenkins will be entitled to a transitional allowance of up to 50 per cent, of his basic salary for three years, and a pension from his 65th birthday 194W of 18 per cent. of his salary. This pension could be paid at a reduced rate from the date when payment of the transitional allowance ceases.