Retirement Planning – Pensions Galore

Herewith without comment: Glenys and Neil Kinnock have six state pensions – Times Online.

GLENYS KINNOCK, the new minister for Europe, has amassed six publicly funded pensions worth £185,000 per year with her husband Neil, the former leader of the Labour party. They have already received up to £8m of taxpayers’ money in pay and allowances, he as a European commissioner and she as a member of the European parliament.

The pair are already drawing payments from three of their taxpayer-funded pensions. Glenys Kinnock, 64, soon to be elevated to the House of Lords alongside her husband, is collecting a teacher’s pension and from next month is entitled to another from Brussels with an estimated annual value of £48,000.

Lord Kinnock, 67, is receiving one pension as a former MP and a second for his service in Brussels, together worth more than £112,000. Glenys Kinnock is simultaneously drawing a ministerial salary of £83,275. Her job entitles her to a further ministerial pension.