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Ken Clarke still to make grace and favour decision

Lord Chancellor Ken Clarke has yet to decide whether he will take up his generous grace and favour pension.

Money Marketing revealed in March that the Labour Government had failed to pass legislation to prevent future Prime Ministers and Lord Chancellors from receiving the lucrative entitlements despite pledging to do so within a year in January 2008.

Prompted by the story, Conservative leader of the House of Commons Sir George Young wrote to former Lord Chancellor Jack Straw later that month demanding legislation as soon as possible to prevent future post holders from taking grace and favour pensions.

The Prime Minister, Lord Chancellor and Speaker of the House of Commons are entitled to half their final salary, regardless of length of service, as soon as they leave office.

A Ministry of Justice spo-kesman says: “At this stage, no decision has been reached regarding the Lord Chancel lor’s pension arrangements.”

Downing Street would not clarify whether Prime Minister David Cameron would forgo his grace and favour pension or enact legislation to prevent future post holders from accepting the entitlements.

Speaker of the House of Commons John Bercow was unavailable for comment.

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  1. Ken Kirkpatrick 27th May 2010 at 10:43 am

    Until all MP’s fall under the same pension regime as the rest of us ‘mere mortals’ they govern over they will never truly earn or retain the respect they so avidly crave.
    Likewise with all civil service and local government pension schemes, stop the financial abuse now and convert them to DC arrangements not gold plated DB schemes, equality for all. The age old argument that they compensate their staff for lower salaries is a myth that is well and truly buried by continual escalation, job security, fanciful posts and ill health benefits. As a hard working IFA I have seen no salary increase for the last 3 years, I feel that I’m sharing the pain of the nation so why don’t they.

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