British MEPs in line for €6m ‘golden goodbye’ when UK leaves EU


Written By : Lewis Goodall

British Members of the European Parliament (MEPs), including leading Brexit campaigner Nigel Farage, will be in line for a “golden goodbye” pay out of over €6m (£5.3m) when the UK leaves the EU, Sky News has learnt.

A senior European Union source has confirmed that these so-called “transition payments”, in effect redundancy money for MEPs when they stand down or lose their seats, will be paid to Britain’s 73 MEPs.

However the same source has said that Brussels will not pay for it and that it will in effect be added to the so-called “Brexit bill” which Britain must pay.

The scheme awards one month’s salary for each year served as an MEP, up to a maximum of 24 months.

Senior figures who campaigned for the Leave campaign will be in line to receive substantial sums.

Nigel Farage, the former UKIP leader who remains a group leader in the European Parliament, is set to receive around €169,000 (£150,000). Daniel Hannan, the Conservative MEP, will receive the same sum.

Other figures, including prominent Remain supporters who have served even longer, will be in line to receive the maximum amount of over €200,000 (£176,000).

This excludes other benefits, including free private healthcare for themselves and family members in perpetuity and generous pension allowances.

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