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Do MPs have their own pension scheme?

MPs Pension Scheme
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Do MPs have their own pension scheme?

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Yes they do – a final salary scheme with a choice of accrual rates. Members can choose to contribute at 1/40th, 1/50th or 1/60th. It is a contributory pension with the contribution rates set at 11.9%, 7.9% and 5.9% respectively.

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