Cape Town – Outgoing politicians who are not returning to Parliament after the 2024 elections will receive significant financial benefits, with at least R81 million allocated for loss-of-office gratuities, reports said on Sunday.
According to The Citizen, the payout is due to retirement and the reduction of party seats in the National Assembly, as the ANC’s share of votes dropped to 40%.
Notable figures not returning include Defence Minister Thandi Modise, Public Service and Administration Minister Noxolo Kiviet, and International Relations Minister Naledi Pandor, among others.
These individuals will receive gratuities, pensions, and other perks.
According to Parliament’s spokesperson Moloto Mothapo, the loss-of-office benefits will be funded by the National Treasury’s national revenue fund, Sunday Times reported.
“The gratuity is a direct charge against the national revenue fund. The total number [of MPs to be paid] is not yet determined,” the report quoted Mothapo as saying.
Additionally, MPs and ministers will receive a 2.5% salary increase, approved by President Cyril Ramaphosa, effective from April 2024.
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Compiled by Betha Madhomu