Iceland’s President to give up hefty pay rise?

President of Iceland, Guðni Th. Jóhannesson.

President of Iceland, Guðni Th. Jóhannesson. Photo: Iceland Monitor/Árni Sæberg

“I did not ask for this pay rise. I knew nothing about this pay rise. I do not need this pay rise.”

These were the no-nonsense words of Icelandic President Guðni Th. Jóhannesson today, in response to the decision on election day last weekend by the State pay authority National Remuneration Board (NRB) to raise MPs’ wages by 44% and his own around 20%.

“I expect the Iceland parliament to reverse this decision,” he told reporters, indicating that his pay rise would not be going into his pocket, but “elsewhere”.

MORE: Icelandic MPs to get 44% pay rise

Under the new (NRB) ruling, Jóhannesson stands to pocket a cool €24,200 per month when the pay rise kicks in. The President’s remarks today indicate that he does not intend to keep the 20% pay rise he has now been given.

“If the Icelandic parliament decides to stop these pay rises, I shall be perfectly happy with that,” Jóhannesson indicates.

Dagur B. Eggertsson, Mayor of Reykjavik.

Dagur B. Eggertsson, Mayor of Reykjavik. Photo: Iceland Monitor/Golli

The NRB ruling on Saturday, which also raises MPs wages by 44% and those of government ministers by over 35%, has proven controversial and has been slammed by various public figures, including Mayor of Reykjavik Dagur B. Eggertsson.

Under the controversial decision, government ministers will see their monthly pay rise to around €14,800, while MPs get a 44% rise to approx. €8,900 per month.

“This is not on,” says Mayor Eggertsson. “It is absurd that the wages of those at the top should rise much more that what they themselves have laid down for the wages of others – all in the name of stability. This is unfair and wrong and must not be allowed to happen.”

He has pledged that he and other Reykjavik City Council members will unilaterally lower their wages if nothing is done about this decision. Currently, councillors’ pay is pegged to that of MPs, who are now in line to see their wages almost doubled.

“I urge the new government and Parliament to make it their first job to intervene in this matter,” Eggertsson says.

Currency

USD USD 105.58 EUR EUR 124.60
GBP GBP 141.63 DKK DKK 16.74
NOK NOK 12.75 SEK SEK 12.53
CHF CHF 106.82 JPY JPY 0.94

Most Popular

events