How much does the President of the European Parliament earn: the figures

The European Parliament, a key institution of the European Union, plays a fundamental role in the EU's decision-making process and represents European citizens.
how much does president european parliament earn

The European Parliament, a key institution of the European Union, plays a fundamental role in the EU’s decision-making process and represents European citizens.

Among the prominent figures of the Parliament, the President holds a significant position. One common question concerns their salary and the benefits associated with the role.

The salary of the President of the European Parliament

Currently, the President of the European Parliament receives a salary that reflects their responsibility and institutional role.

The gross monthly salary amounts to approximately 25,000 euros. However, this amount can vary based on different factors and may include additional benefits.

The salary of the President of the European Parliament is determined by considering various aspects, including the importance of the role and the associated responsibilities.

As one of the top figures of the EU, the President plays a crucial role in coordinating the activities of the Parliament, presiding over plenary sessions, representing the institution internationally, and ensuring the smooth conduct of legislative work.

Benefits and allowances of the President of the EU Parliament

In addition to the base salary, the President can enjoy benefits and allowances that include, for example, coverage of representation expenses and official travel.

These benefits are intended to enable the President to effectively perform their duties and adequately represent the European Parliament.

It is important to emphasize that the salary of the President of the European Parliament is transparent and subject to specific regulations established by the institutions of the European Union.

The methods for determining the compensation are subject to periodic review and can be adjusted based on EU decisions and economic conditions.

The compensation of the President of the European Parliament also reflects their commitment to representing the interests of European citizens and ensuring the efficient functioning of the institution.

How much members of the European Parliament earn

Members of the European Parliament (MEPs) receive compensation that varies based on several factors. Thus including the country of origin and any additional allowances.

Here is a general analysis of MEPs’ compensation:

  • Basic salary: MEPs receive a basic salary that is harmonized and equal for all. Currently, the gross monthly basic salary is approximately 8,932.86 euros;
  • Daily allowance: MEPs receive a daily allowance for attending plenary sessions or committee meetings. This allowance is intended to cover accommodation and subsistence costs in Brussels or Strasbourg, where the Parliament sessions are held. The amount is approximately 323 euros per day;
  • Travel allowance: MEPs are entitled to reimbursement of travel expenses for attending sessions of the European Parliament. The reimbursement amount depends on the distance between the place of residence and the workplace in Brussels or Strasbourg;
  • Other benefits and allowances: MEPs may be entitled to various other benefits. Such as health care, pension insurance, and other advantages.

However, it is important to note that MEPs also have to bear several expenses related to the exercise of their mandate, such as those for staff, office, and other costs related to their political activities.

MEPs’ compensation is subject to taxation. And, it may vary slightly based on specific national rules and the internal regulations of the European Parliament.

Read also: European election results 2024: how is the EU Parliament divided

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