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Salaries of MPs and Ministers Increase by 5.6%

Summary by RÚV
The salaries of members of parliament, ministers, the President of Iceland and senior officials will increase by 5.6% next month. The parliamentary salary will be just over 1.6 million ISK per month after the change, an increase of 85 thousand ISK. The salary of ministers will be just over 2.6 million ISK, while the salary of the Prime Minister will be 2.9 million ISK per month. The salary of the President of Iceland will also increase to 4.25 m…
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Jónína Björk Óskarsdóttir, a member of parliament for the People's Party, says the salary increase for MPs and ministers that will take effect at the end of next month is a great shame.

·Reykjavík, Iceland
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The salaries of members of parliament, ministers, the President of Iceland and senior officials will increase by 5.6% next month. The parliamentary salary will be just over 1.6 million ISK per month after the change, an increase of 85 thousand ISK. The salary of ministers will be just over 2.6 million ISK, while the salary of the Prime Minister will be 2.9 million ISK per month. The salary of the President of Iceland will also increase to 4.25 m…

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RÚV broke the news in on Tuesday, June 3, 2025.
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