§ Mr. Cash
To ask the Secretary of State for Foreign and Commonwealth Affairs how much each of the outgoing European Commissioners is to receive in(a) salary, (b) pension and (c) other remuneration following their resignation; what the legal basis is upon which the payments are being made; and if he will place details of the remuneration packages in the Library.
§ Ms Quin
Commissioners' terms and conditions of service are set down in the 1967 Council Regulation 422/67, which governs their employment. This Statute provides for generous end-of-service remunerations.
From the first day of the month following resignation, and for three years afterwards, Commissioners are entitled to receive a monthly payment (based upon the number of years served) of:
- 40 per cent. of salary if they have served for less than 2 years
- 45 per cent. of salary if they have served for less than 3 years
- 50 per cent. of salary if they have served for less than 5 years
- 55 per cent. of salary if they have served for between 5 and 10 years
- 60 per cent. of salary if they have served for between 10 and 15 years.
Commissioners are also entitled to receive a family allowance for three years after resignation of:
- Euro 12,649 per year for the President
- Euro 11,457 per year for the Vice-Presidents
- Euro 10,311 per year for other Commissioners.
From the age of 65, Commissioners are entitled to receive a pension, which as a full pension for 15 years service would be equivalent to 70 per cent. of final salary based on a 4.5 per cent. annual accrual rate.
Reappointed Commissioners are not entitled to receive end-of-service pay.
If a Commissioner takes new employment, their end-of-service pay plus new gross monthly salary cannot exceed the gross monthly salary they would have received as a Commissioner. If it does, the end-of-service pay is reduced accordingly.63W