You may call them 'resettlement grants' or you may call them 'golden goodbyes' but either way the taxpayer will be funding a £11.5 million payout for ex-MPs.
The Telegraph explains:
Those that lost at the election can claim one month of their salary for every year they served, up to a maximum of six years or £33,000, while all departing MPs can qualify for ‘winding up’ expenses.
The estimated £11.5 million to be paid out is more than the £10.4 million claimed after the 2010 election, which followed the expenses scandal and a global financial crisis.
Our Director, John O'Connell had this to say:
Taxpayers will be astounded at the remarkable size of this bill. The changes to the system since the expenses scandal are welcome, but there remains much to do to reduce the cost of politics.”
It is clear that Ipsa, the overgrown monster of a quango responsible for these payouts, is totally out of touch with public opinion.