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When Humza Yousaf resigned as Scotland’s first minister, questions were raised over what his pension would be.

Some on social media have claimed the 39-year-old is entitled to £52,000 per year for the rest of his life – and payments will begin immediately.

There’s just one problem: this isn’t true.

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Yousaf signs resignation letter

While such a pension scheme used to be in place, it was scrapped in 2009.

So what will he receive… and when?

When he reaches the Scottish Parliamentary Pension Scheme retirement age – which is currently 65 – Mr Yousaf will be entitled to up to around £2,600 per year for the period he served as first minister.

The former SNP leader is also entitled to further retirement payments from his time as an MSP and as a Holyrood minister.

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A law introduced in 1999 said that “any person who has held the office of first minister or presiding officer shall, on ceasing to hold that office”, be entitled to a pension.

It added that “the annual amount of a pension payable under this article shall be equal to one half of the salary”.

But 10 years later, new legislation was passed that meant that anyone who became first minister after 2009 was no longer entitled to that type of pension.

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‘I’m sad my time is ending’

The first minister of Scotland is currently paid £176,780 per year – but £72,196 of that amount is for their work as an MSP and would not be included in such a calculation.

If the old rules were still in place today, Mr Yousaf would have been entitled to a pension of £52,292, which is half of £104,584 – his additional pay for being leader.

But Mr Yousaf was elected first minister on 19 March 2023, so is not covered by the previous law. Instead, that part of his pension entitlement will be based only on his time in office up to his resignation on 7 May.

MSPs have two pension options which mean they can contribute either a higher or a lower proportion of their salaries each year.

If an MSP contributes the higher rate, they are entitled to one-fortieth of their final annual salary as a pension. If they contribute the lower rate, they are entitled to one-fiftieth of their final salary as a pension.

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Because Mr Yousaf served for just over a year as first minister, he will be entitled to a pension of either one-fortieth or one-fiftieth of £104,584. That would equate to around £2,600 or £2,100 per year, depending on which option he chose.

He will also be entitled to a pension for the years he serves as an MSP. Mr Yousaf was elected as a regional Glasgow MSP in 2011 and in 2016 became the Glasgow Pollok MSP, an office he still holds.

If he were to step down today after 13 years in Holyrood – assuming he had been paying the higher contribution for that entire period – he would be entitled to a little under £23,500 per year, which is added to his first minister pension.

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Mr Yousaf is also entitled to further pension payments from his various ministerial roles.

He served as a minister for five years and nine months in the Scottish parliament and then as a Scottish secretary of state for four years and nine months. Combined, these entitle Mr Yousaf to another pension pot of a little over £7,200.

By the calculations on current figures, and assuming he has contributed the higher rate for all of his time as an MSP, Mr Yousaf is currently entitled to around £33,300 in yearly pension payments when he retires at, or beyond, age 65.

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MP Zarah Sultana who was ousted from Labour announces she is starting new political party with Jeremy Corbyn

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MP Zarah Sultana who was ousted from Labour announces she is starting new political party with Jeremy Corbyn

An MP who was ousted from the Labour Party has announced she is setting up a new political party with Jeremy Corbyn.

Independent MP Zarah Sultana said she and the former Labour leader will co-lead the new party, which she did not provide a name for.

She said other independent MPs, campaigners and activists from across the country will join them, but did not name anyone.

Politics latest: Zarah Sultana’s stinging resignation letter

Ms Sultana also said she was “resigning” from the Labour Party after 14 years.

She was suspended as a Labour MP shortly after they came to power last summer for voting against the government maintaining the two-child benefit cap.

Several others from the left of the party, including Mr Corbyn, were also suspended for voting against the government, and also remained as independent MPs.

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However, Ms Sultana was still a member of the Labour Party – until now.

Zarah Sultana

Mr Corbyn has previously said the independent MPs who were suspended from Labour would “come together” to provide an “alternative.

The other four are: Iqbal Mohamed, Shockat Adam, Ayoub Khan and Adnan Hussain.

Mr Corbyn and the other four independents have not said if they are part of the new party Ms Sultana announced.

In her announcement, Ms Sultana said she would vote to abolish the two-child benefit cap again and also voted against scrapping the winter fuel payment for most pensioners.

Ms Sultana also voted against the government’s welfare bill this week, which was heavily watered down as Sir Keir Starmer tried to prevent a major rebellion from his own MPs.

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Protesters block Israeli arms manufacturer in Bristol

On Wednesday, Ms Sultana spoke passionately against Palestine Action being proscribed as a terror organisation – but MPs eventually voted for it to be.

She said to proscribe it is “a deliberate distortion of the law to chill dissent, criminalise solidarity and suppress the truth”.

Ms Sultana said they were founding the new party because “Westminster is broken but the real crisis is deeper – just 50 families now own more wealth than half the UK population”.

She called Reform leader Nigel Farage “a billionaire-backed grifter” leading the polls “because Labour has completely failed to improve people’s lives.

Reform leader Nigel Farage attending day three of Royal Ascot.
Pic: PA
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Ms Sultana called Nigel Farage a ‘billionaire-backed grifter’. Pic: PA

The MP, who has spoken passionately about Gaza, added: “Across the political establishment, from Farage to Starmer, they smear people of conscience trying to stop a genocide in Gaza as terrorists.

“But the truth is clear: this government is an active participant in genocide. And the British people oppose it.

“We are not going to take this anymore.”

A Labour Party spokesperson said: “In just 12 months, this Labour government has boosted wages, delivered an extra four million NHS appointments, opened 750 free breakfast clubs, secured three trade deals and four interest rate cuts lowering mortgage payments for millions.

“Only Labour can deliver the change needed to renew Britain.”

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Tornado Cash co-founder keeps testimony plans unclear ahead of trial

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Tornado Cash co-founder keeps testimony plans unclear ahead of trial

Tornado Cash co-founder keeps testimony plans unclear ahead of trial

Roman Storm is scheduled to appear in a New York courtroom for his criminal trial on July 14, facing money laundering and conspiracy charges.

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US Senator Cynthia Lummis drafts standalone crypto tax bill

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US Senator Cynthia Lummis drafts standalone crypto tax bill

US Senator Cynthia Lummis drafts standalone crypto tax bill

The Wyoming Senator seeks to end double taxation and add clarity to the tax treatment of crypto staking, mining, and lending transactions.

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