NEWLY-APPOINTED EU Commissioner Phil Hogan will earn a grand total of €336,446.65 this year, before tax, as well as expenses to cover his move to Brussels.
Once he undergoes the formality of being confirmed by the EU Parliament agriculture committee, the new Commissioner for Agriculture and Rural development will receive the following salary and benefits:
Hogan’s basic salary of €250,000 will be subject to EU tax, and a solidarity levy of 7%.
According to an EU Commission document from May, Hogan will also have his initial travel to Brussels and moving expenses reimbursed.
The former Carlow-Kilkenny TD will eventually receive a pension for life from the EU Commission, but not until he turns 65, in 11 years’ time.
It consists of 4.275% of the basic salary for each full year in office. So if Hogan serves his full five-year term, for example, he would receive an annual lifetime EU pension of €53,435.46.
The former Environment Minister has previously confirmed he would waive his Dáil and ministerial pensions.
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