From 1st of February 2016 Members of Parliament are paid a salary of 6,407 euros a month, with the figure rising to 6,887 euros after 12 years of service. The Speaker receives 11,792 euros and the Deputy Speakers 9,830 euros a month. MPs' pay is taxable income. A three-person remuneration committee appointed by the Speakers decides on MPs' pay.
In addition to their salary as MPs, committee chairs receive a monthly supplement of 720 euros. The figure for the chairs of the Grand Committee, the Constitutional Law Committee, the Foreign Affairs Committee, the Finance Committee and the Audit Committee is 1,188 euros. Within the Finance Committee the chair of the Subcommittee for Tax Affairs and Subcommittee for Administration och Security receives a monthly supplement of 720 euros and the other subcommittee chairs receive 475 euros. This supplement is not paid if a subcommittee chair is entitled to a committee chair´s supplement.Parliamentary group chairs receive a monthly supplement of 1,188 euros if the group has 16 or more members and 720 euros if it has 3-15 members. No supplement is paid if a group has only one or two members.Separate remuneration is not paid for attending committee meetings, nor do evening and weekend sessions increase MP´s earnings.
In addition to salary, MPs receive compensation for expenses ranging from 990 to 1,810 euros a month, depending on where they live and whether they have a second home in the Helsinki metropolitan area.
MPs are entitled to travel free of charge by rail, scheduled flight and coach in Finland and by taxi in the Helsinki metropolitan area for purposes related to legislative work.
The chair and two members of the Remuneration Committee, none of whom may be an MP or a parliamentary civil servant, are elected for a four-year term by the Speakers of Parliament. The chair convenes the Committee, which is quorate when all of its members are present. The Speakers may issue supplementary orders concerning the actions of the Committee.The Speakers of Parliament have appointed a Remuneration Committee for the period 1 Jan 2013 – 31 Dec 2016. It is chaired by Jouni Ekuri and the members are Riitta-Leena Paunio and Seppo Junttila. The Remuneration Committee appointed Erkki Kurikka as its secretary.