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British MPs want bigger pensions

Just when the rest of the electorate are becoming increasingly worried about the occupational pensions they will receive when they stop working, MPs are about to award themselves a 20% increase to their own pensions. The extra money will come from taxpayers and will give MPs some of the most generous pensions in Europe.
MPs are justifying the increases on the grounds of increased job insecurity. Apparently the average length of service has fallen to 10 years. MPs claim that they leave well-paid jobs to become members of parliament. Once they are back on the job market they cannot get back to the same level of salaries they previously enjoyed. Wise Owls says "Welcome to the real world!"
Some MPs are worried about the timing of the move but not so embarrassed that they are likely to vote against it. You may remember they also voted themselves a £4000 salary increase just after the last election.
A case of snouts in the trough ?