"More MPs are set to stand down at next year's general election in order to take advantage of "golden handshakes" of up to £65,000 that will not apply at future elections. Senior figures in all political parties warned that the new expenses regime announced on Wednesday will provide a "perverse incentive" for MPs to "take the money and run", as one put it. Whips believe another 50 could decide to quit, on top of the 114 who have already announced that they will leave Parliament. The Committee on Standards in Public Life, chaired by Sir Christopher Kelly, said the pay-offs of up to a year's salary should be cut to two months' wages if MPs retire rather than are made "redundant" by losing their seats at an election. That would reduce the "golden goodbye" of a long-serving MP from £64,766 to £10,794, on current salary levels." (Independent, 5 November) RD
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