NEWS IN SHORT

Cabinet agrees on MPs’ salary cut

THE CABINET of Iveta Radičová approved a draft bill on November 17 prepared by a group of governing coalition MPs which aims to reduce the salaries of members of parliament by about 10 percent, the SITA newswire reported.

THE CABINET of Iveta Radičová approved a draft bill on November 17 prepared by a group of governing coalition MPs which aims to reduce the salaries of members of parliament by about 10 percent, the SITA newswire reported.

Despite the agreement at the cabinet meeting, MPs from the Christian Democratic Movement (KDH) have said they plan to suggest an alternative to the complicated formula when the draft bill has its second reading in parliament.

KDH will propose that the bill be changed so that an MP’s salary is reduced from three times the average wage in the national economy to 2.7 times, a simple reduction of 10 percent.

The draft approved by the cabinet calls for an MP’s salary to be reduced by what the authors called the “Fico levy” which is twice the percentage amount of the general government deficit.

If the government deficit for 2010 is 7.8 percent, the reduction in salary would be 15.6 percent.

But at the same time, the bill provides for MPs' salaries, which have been frozen for two years, to be unfrozen.


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