@ Fred - I cannot agree.
http://fullfact.org/factchecks/mps_salary_pay_ipsa-29046
They are still able to write columns for newspapers,act as consultants, charge for speeches, sit on the boards of companies, run their own business, be a lawyer, be a GP.
For me, no such increase in salary is either warranted or justified. It will not attract a better class of MP - those who wish to be an MP will not be put off by the current salary.
If they really wish to justify a better salary, several things need to happen first.
1. The HoC and The Lords need to have their numbers trimmed significantly.
2. A commitment to full-time representation and reform of Parliaments working hours.
3. Removal of all unaudited allowances. Expenses only for travel on parliamentary or constituency business and for reasonable accomodation in London for those who represent those constituencies outside of the M25.
4. Office Allowance - currently £106,000 or so a year - to be reviewed.
5. PAs, Researchers etc all an open recruitment process, rather than paid jobs being given to wife or children.
6. No more "golden goodbyes".
7. A "Right of Recall" where constituents can lobby to have a by-election if the MP has been egregiously useless or conspicuously venal or even where they have brought the seat into disrepute through their actions.
8. Career Average Salary Pensions, rather than Final Salary Pensions.