Commons Speaker keeps £40K pension

Yesterday, MPs passed a motion to hand the power to set their pension amounts to the Independent Parliamentary Standards Authority (IPSA). The motion also ensured MPs will face the same increases to their contribution rates as other public sector workers. However, Bercow's pension is not subject to the rule change and he has refused to contribute to it or reform it, the Telegraph reports. The Speaker's non-contributory pension will pay him half of his current pay whenever he retires. It is currently worth around £40,000 per year. David Cameron has announced the similar pension a...