John Key Disingenuous Over MP Salaries
John Key relies on short memories as he expresses concern about the level of the increase to MP salaries. Most people are unaware that in 2012 he pushed through legislation to lock in special annuities for former Prime Ministers and their spouses and included travel allowances. These annuities and travel allowances amounted to $1.2 million between 2009 and 2012 and he and his wife will enjoy considerable financial benefit from the legislation when he ceases to be Prime Minister. The annuities were recommended over 50 years ago when there were fewer employment opportunities for former Prime Ministers, and their spouses were less likely to have independent incomes. Spouses are entitled to half the annuity on the death of their husband/wife and all receiving the entitlement have enjoyed annual increases of around 4.5% (well above inflation). There seemed to be no good argument to continue with the payments and allowances especially when all surviving former Prime Ministers were s