Railman
What is Daniel Hannan 'proposing'? The facts are easily available for viewing.
MEP'S pre tax salary is €8.213.02 per month. (1.7.2015) .
MEP'S pensions start at age 63. The pension will be 3.5% of the salary for each full year's exercise of a mandate but no more than 70% in total. The European Budget pays for it. Controversially they have to agree to promote and defend the European Commission to receive it. That's why there is the point continually raised over the likes of the Kinnock's, Peter Mandelson et al and there view over Brexit as they are basically the mouth piece of the European Union, they are contracted so to speak to be so by taking their pension from the EU.
MEP'S allowances.
General Expenditure Allowance is €4.320 a month.
Travel Expenses for duties carried out in Brussels or Strasbourg , reimbursement is paid for travel up to the ' D business class ' , first class rail fare , €0.50 per km for car journeys and expenses such as reservation, baggage handling, tolls etc.
Expenses outside of their member State they will be reimbursed for their travel, accommodation, related expenses up to a maximum of €4.264.
MEP'S. Daily Subsistence Allowance is a flat rate of €306 per day, to receive that they only have to sign in one of the official registers ( think our House of Lords and how some of them behave!)