The new deadline for forming an executive will be 8 December, with the possibility of a further six week extension to 19 January - meaning the latest a new election would be held would be 13 April.
He added:"At present, MLAs are not in a position to fulfil the full range of their duties, so it is right that we take steps to reduce their salaries, especially in the current economic climate and in view of the £660m black hole in the public finances created by poor decisions made by outgoing ministers.
The first minister and deputy first ministers have equal powers and one must be unionist and the other nationalist. There can also not be one without the other.
Hope they include not paying non working executive representatives. People are being squeezed financially & so should they for not doing their jobs.
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