Peter Mandelson, 68, might lose his £31,000-a-year EU pension

By Lola Smith

Published: October 12, 2022 | 10:18 AM GMT

If Peter Mandelson complies with its regulations, he is eligible for an EU pension of almost £31,000 year.

The 68-year-old Labour Lord served as a trade commissioner for four years, earning him an EU pension at age 65.

However, according to Brussels regulations, if he doesn’t “behave with honesty and prudence” toward the institution, he might lose it. This is essentially a measure to prevent conflicts of interest.

According to the European Commission, voicing political ideas, including support for Brexit, would not often result in pension termination.

Lord Mandelson’s merciless modernization of the Labour Party earned him the moniker “The Prince of Darkness.”

About Lola Smith

Lola Smith is a highly experienced writer and journalist with over 25 years of experience in the field. Her special interest lies in journalistic writeups, where she can utilize her skills and knowledge to bring important stories to the public eye. Lola’s dedication to her craft is unparalleled, and she writes with passion and precision, ensuring that her articles are informative, engaging, and thought-provoking. She lives in New York, USA.