Veteran African National Congress (ANC) politician Max Sisulu has resigned from Parliament after failing to get reappointed to the prestigious speaker of the National Assembly post or secure a place as a government minister.ANC national executive member Baleka Mbete replaced Mr Sisulu, a scion of the politically important Sisulu family, as National Assembly speaker last week.Today (Friday) was the deadline for MPs who have not been reappointed to a senior public office to decide whether or not they would continue to serve as ordinary members.The issue of remuneration and benefits is often a deciding factor for former public office bearers to decide whether or not to stay on as ordinary MPs. The rules state that a person accrues the benefits such as pension and gratuity based on their last office or position.An MP earns R933,0842 a year while the speaker of the National Assembly earns a salary of R2,478,378.ANC chief whip Stone Sizani’s spokesman Moloto Motapo confirmed Mr Sisulu’s r...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.