Liz Truss to get a £115,000 yearly allowance for the rest of her life as former UK prime minister.
Despite spending just six weeks in office as the Prime Minister of the United Kingdom, Liz Truss is eligible to receive a whooping £115,000 a year for the rest of her life. Liz Truss turned in her resignation on Thursday, October 20, stating that: “I cannot deliver the mandate on which I was elected by the Conservative Party.”
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Despite her short time in office, Ms. Truss became eligible on Thursday for what’s called the Public Duty Costs Allowance, a government reimbursement plan for staff and salary costs incurred by former prime ministers “arising from their special position in public life” after they leave office, according to the government’s website.
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The money has been a standard payout since it was introduced in 1991, in the wake of Prime Minister Margaret Thatcher’s resignation. Ms. Truss would became the sixth former British prime minister to receive the lifelong allowance, if she accepts it. Liz Truss is also entitled to money to cover the pension costs of her staff. That can be up to 10 percent of the £115,000 allowance.
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