Thank you for your post. The 73 UK MEPs will lose their seats. There will no longer be any UK representation in the European Parliament.
UK MEPs are paid out of the EU budget. So there will be no direct saving to the UK taxpayer when the UK MEPs leave – but of course the UK currently pays its share of the EU budget.
UK MEPs who lose their seats are entitled to a payment of one month’s salary for each year they have served, up to a maximum of 24 months.
It is not yet clear who will meet these ‘soft landing’ payments for the departing UK MEPs – the UK government or the EU?
I hope this answers some of you’re question but I am sure other members may have their own thoughts.