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After just 44 days in office, Liz Truss is eligible to collect a £115,000 allowance for the rest of her life

Oct 20, 2022, 20:25 IST
Business Insider
Liz Truss, the UK's foreign secretary, said doing business with Russia was "morally bankrupt".Dan Kitwood/Getty Image
  • Liz Truss will receive a yearly £115,000 allowance for the rest of her life despite her short stint as Prime Minister.
  • The allowance from the government will reimburse Truss for expenses spent while maintaining public duties.
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Even though her short, six-week stint as the UK's prime minister came crashing down on Thursday, Liz Truss will still get to claim a yearly £115,000 allowance reserved for former prime ministers.

According to the UK's government, the Public Duty Costs Allowance (PDCA) grants all former Prime Ministers a yearly allowance intended to pay them back for expenses spent while fulfilling public duties in the role.

To be eligible for the allowance, you only has to have been a former Prime Minister, meaning Truss qualifies, despite being the shortest-serving Prime Minister in the nation's history.

She will receive the allowance yearly for the rest of her life.

Truss resigned Thursday after a tumultuous six weeks in office, including an economic crisis spurred by a series of policy reversals made by her government.

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Insider previously reported that a number of Tory MPs publicly pushed Truss to resign after calling her administration "unsustainable."

The allowance has been frozen at £115,000 since 2011 and remains the same for 2022-2023. In addition, Truss is entitled to receive a pension allowance of up to 10% of the £115,000 allowance.

Truss becomes only the sixth Prime Minister to receive this allowance, which was enacted in 1991 by former Prime Minister John Major following Margaret Thatcher's resignation, according to the UK's government.

Truss, speaking outside Downing Street Thursday, said she was not able to deliver the mandate that she was elected on and would leave the role after her successor is chosen in a party leadership contest. She added that the process will conclude within a week.

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