Raising the president's remuneration
Act amending section 1 of the Act on the Remuneration of the President of the Republic
The annual remuneration of the President of the Republic will be raised from 126,000 euros to 160,000 euros. The increase will take effect at the start of the new presidential term on 1 March 2024.
- Status
- Passed
- Submitted
- 9 Oct 2023
- Latest event
- 11 Dec 2023
- Votes
- 0
- Speeches
- 2
- Confirmed
- 15 Dec 2023
- Statute
- 1130/2023
- Source
- eduskunta.fi ↗
What is proposed
The annual tax-free remuneration of the President of the Republic will be raised from 126,000 euros to 160,000 euros to reflect the development of the index of wage and salary earnings in central government.
What it means
The change will apply to the President of the Republic taking office on 1 March 2024 and will increase the pension and survivors' pension of a president who served after 1 April 2013. Central government expenditure will increase by 28,000 euros in 2024 and by 34,000 euros per year thereafter.
How Parliament voted
The bill passed without a vote – no MP proposed rejecting or amending it in plenary.
Debate in the chamber
MPs' plenary speeches verbatim from the parliamentary record. Open a debate to read what was said about the bill and by whom. Speeches are shown in their original language.
2 speeches · 2 speakers · 1 debate
Yleiskeskustelu päättyi. Eduskunta hyväksyi hallituksen esitykseen HE 28/2023 vp sisältyvän lakiehdotuksen sisällön mietinnön mukaisena. Lakiehdotuksen ensimmäinen käsittely päättyi.
Stages of consideration
The bill's path from the preliminary debate to the decision, as recorded by Parliament.
- 9 Oct 2023Eduskuntakäsittelyn vireilletulo · Valtioneuvoston kanslia
- 10 Oct 2023Lähetekeskustelu · Täysistunto
- 29 Nov 2023Valiokunnan mietintö tai lausunto · perustuslakivaliokunta
- 30 Nov 2023Ensimmäinen käsittely · Täysistunto
- 5 Dec 2023Toinen käsittely · Täysistunto
- 8 Dec 2023Eduskunnan vastaus ja kirjelmä
Decisions by law proposal1
- 1Laki tasavallan presidentin palkkiosta annetun lain 1 §:n muuttamisestaHyväksytty · 1130/2023 · 15 Dec 2023
Proposed law text
The law proposals in the bill as the Government presented them. The final act may differ after committee consideration.
The law text is shown in Finnish or Swedish from Parliament's official documents; it is not translated into English.
Laki tasavallan presidentin palkkiosta annetun lain 1 §:n muuttamisesta
Eduskunnan päätöksen mukaisesti muutetaan tasavallan presidentin palkkiosta annetun lain (1152/2011) 1 §:n 1 momentti, sellaisena kuin se on laissa 215/2013, seuraavasti:
1 §
Vuotuinen palkkio, jonka tasavallan presidentti saa toimestaan, on 160 000 euroa.
§
Tämä laki tulee voimaan päivänä kuuta 20 .
Main content of the bill (official)
The summary and title were produced with AI on 13 Sep 2026. They are not official documents – check the details in the original bill. The title and summaries are machine translations of the Finnish AI summaries. Speeches and quotations are always shown in their original language.