Here’s the boring bit: pensions. As an MP, he’s in a defined benefit scheme. That means a nice, steady income when he retires. It’s not gold-plated, but it’s not a grocery store’s pension plan either. He’ll be fine.
When he stops being PM, he gets a severance payment. It’s equal to one-quarter of his ministerial salary. That’s about £40,000. A nice little goodbye gift. Enough for a holiday, but not a yacht.
But here’s the secret: the real money comes after. Former PMs write books. They give $100,000 speeches in Singapore. They sit on boards. Ask Tony Blair. He’s worth something like £60 million now. Starmer isn’t there yet, but give him a decade.
