<h1>Parliament Members' Salaries and Allowances Increased by 24% Starting April 2023; Pensions Also Raised for Former MPs.</h1> The Centre has announced a 24% increase in the salaries of members of Parliament, effective April 1, 2023, raising their monthly salary to Rs 1.24 lakh, along with increased allowances and perks. Daily allowances for attending sessions and meetings have risen from Rs 2,000 to Rs 2,500. Former MPs will see their pensions increase from Rs 25,000 to Rs 31,000 monthly, with an additional pension for service beyond five years rising to Rs 2,500 per month. Constituency and office allowances have also been increased, and MPs receive various reimbursements and benefits, including travel and accommodation.