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OTTAWA — MPs are in line for a 2.3% pay raise, about five times the increase the Conservative government is offering public-service employees.

Under legislation, MPs’ yearly salary increases are tied to the average wage settlements negotiated in private-sector companies with more than 500 employees. This means they are automatically entitled to the average 2.3% wage hike in the private sector in 2014.

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The secretive Board of Internal Economy, a group of MPs who oversee the administration of the House of Commons, has been advised of the increase. It’s expected MPs will soon be notified of the raise, which kicks in April 1.

The board does not have to accept the increase. There was a wage freeze for MPs in 2009-10 and 2012-13, after the financial crisis.

Senators, whose salary increases are tied to those of MPs, will also get a raise.

The increase means an MP’s base salary jumps to $167,400, from $163,700, while senators will move to $142,400, from $138,700.