With the 56 members of Cyprus's new House of Representatives elected on Sunday, political attention is already shifting to the next critical step: the election of a new Speaker. But alongside questions of power and coalition arithmetic, a perennial subject has returned to public discussion, what exactly the island's lawmakers are paid.
According to official data from the Accountant General's Office on state officials' salaries, effective 1 January 2026, MPs, along with religious representatives, receive a gross base annual salary of €56,310, equivalent to roughly €4,331 per month before allowances.
Once representation, cost-of-living adjustment, and secretarial support allowances are factored in, total gross remuneration rises to €99,612 per year, or approximately €7,911 per month. After deductions and taxation, the net monthly take-home figure stands at €5,466, translating to €68,684 net per year.
What the Speaker will earn
The second-highest constitutional office in the Republic comes with a considerably more substantial pay package. The House Speaker receives a gross base monthly salary of €8,715. With allowances added, total gross monthly remuneration reaches €11,456. After deductions and taxation, the net monthly figure comes to approximately €7,461.
The election of the new Speaker is expected to take place in the coming days, with the balance of parliamentary forces leaving the outcome open.
