MPs should get medals and bigger payoffs, says report

Exit payments compare poorly with other countries, says cross-party group of MPs

Outgoing MPs should get medals and more generous redundancy payments in a bid to help them move into other jobs, a cross-party committee has suggested.

Some MPs experienced “financial challenges and hardship” after leaving parliament, with some waiting months for loss-of-office money, the administration committee found.

For MPs defeated at the 2019 election, the average loss-of-office payment was £5,250 – equivalent to just under one month of their £84,000 salary.