Liz Truss' huge net worth as she's entitled to £115k per year for the rest of her life

chaparral · 20 Oct 2022 at 18:37

Surely this can't be true :eek:

Despite Ms Truss’s early departure, she remains eligible to receive over £100,000 in taxpayer’s money every year for the rest of her life, under the Public Duties Cost Allowance (PDCA) scheme, set up in 1991.

The scheme, established after Margaret Thatcher’s resignation, allows ex-PMs to claim back money to assist their activities in public life.

Doobedoo · 20 Oct 2022 at 18:39

It’s absolute joke but it’s what our system allows. They exploit it to the max the greedy sods.

Chojin · 20 Oct 2022 at 18:39

Not quite the Lee club then

Stumble Bum · 20 Oct 2022 at 18:39

chaparral said:
Is this true

MSN

It's expenses is it not?

rare · 20 Oct 2022 at 18:39

Worked out well for a couple weeks of work didn’t it.

200sols · 20 Oct 2022 at 18:41

115k a year isnt 'huge net worth' :cry:

~Mike~ · 20 Oct 2022 at 18:45

200sols said:
115k a year isnt 'huge net worth'

Article says

According to Money Transfers, the former Prime Minister already has a net worth of £8.4million. This is a huge fortune has been able to accumulate over the years thanks to various jobs in politics.

"Liz may be entitled to as much as up to £700,000 from taxpayers per year, through the PDCA scheme"

Crazy if that's true.

Diddums · 20 Oct 2022 at 18:45

Tbh I reckon she's worth £115k just to keep her away from no. 10.

Doobedoo · 20 Oct 2022 at 18:52

Not only do the have no consequences for poor performances. The get handsomely rewarded regardless. They quite literally do not care and are taking the mickey out of all of you.

rhysduck · 20 Oct 2022 at 18:58

Doobedoo said:
Not only do the have no consequences for poor performances. The get handsomely rewarded regardless. They quite literally do not care and are taking the mickey out of all of you.

All of "us".

Doobedoo · 20 Oct 2022 at 19:01

rhysduck said:
All of "us".

Well yeah I’m assuming most if not all of you participate in the electoral process. They are mugging everyone off they don’t give two hoots, clearly.

McBain · 20 Oct 2022 at 19:05

Worth every penny after the fantastic 40 odd days she had in charge.

Slam62 · 20 Oct 2022 at 19:12

Well she destroyed the tory party

sigma · 20 Oct 2022 at 19:18

Does it keep in line with inflation?

Rai200 · 20 Oct 2022 at 19:19

Slam62 said:
Well she destroyed the tory party

Here's hoping.

wesimmo · 20 Oct 2022 at 19:21

Politicians should be limited to a very nice but not ridiculous total income for the rest of their lives, sort of UC on steroids. We'd soon see who was in it for the right reasons.

mrk · 20 Oct 2022 at 19:21

So this was her plan all along, easy money.

Rai200 · 20 Oct 2022 at 19:27

wesimmo said:
Politicians should be limited to a very nice but not ridiculous total income for the rest of their lives, sort of UC on steroids. We'd soon see who was in it for the right reasons.

They should get the exact same as jobseekers, as that's what they are. Any earnings for appearances etc. should count against their claim, as it would for any other person.

sigma · 20 Oct 2022 at 19:28

wesimmo said:
Politicians should be limited to a very nice but not ridiculous total income for the rest of their lives, sort of UC on steroids. We'd soon see who was in it for the right reasons.

For multi millionaires 100k is 'very nice but not ridiculous'.

Tony Edwards · 20 Oct 2022 at 19:28

wesimmo said:
Politicians should be limited to a very nice but not ridiculous total income for the rest of their lives, sort of UC on steroids. We'd soon see who was in it for the right reasons.

Thats what it should be. Just the basic UC someone can get. See how they like that.