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WorldWill Liz Truss get a pension? The perks former prime ministers get

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Will Liz Truss get a pension? The perks former prime ministers get

Despite making history and spending only 45 days in the job before resigning, Liz Truss is set to be offered the same package all former residents of No 10 have received.

But what are the perks she could get?

Public allowance

All former prime ministers are able to claim the Public Duty Costs Allowance (PDCA), currently set at a maximum of £115,000 per year.

The payment was introduced to meet the cost of continuing public duties after someone leaves Downing Street.

This can include office costs, salaries for staff, or travel to events where they are appearing in their capacity as an ex-prime minister.

John Major, Tony Blair, Gordon Brown, David Cameron and Theresa May have all claimed at least part of the allowance. It is not yet known whether Boris Johnson has made a claim, as this year’s figures are yet to be published.

Former holders of the office have not always claimed the full amount.

There is also a severance payment, which amounts to a one-off payment of 25% of the annual salary for the post that ministers have left.

Source: BBC

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