Published Thursday, 26 November 2009
The report recommends their salaries should rise from the current £43,000 to over £50,000 from April 2011.
Read Ken Reid' blog: Cash rich
The Commission said the pay increase would bring MLAs more into line with other parliaments and assemblies. MPs are paid over £64,000, while Scottish MSPs are paid £56,000.
Their Welsh counter-parts earn around £53,000 while Irish TDs earn over €100,000.
Sinn Fein MLAs have said they would not support any pay rise for politicians.
"We are totally rejecting it. Sinn Fein have made their concerns known. We can't stand over a pay increase for MLAs", north Belfast MLA Caral Ni Chuilin told UTV.
"This entire report is being brought forward for consideration by the Assembly with no opportunity to vote on each and every specific recommendation.
"To support this report in its entirety would therefore force us to support the recommended wage increase."
"That is something we will not do - particularly in this time of social and economic hardship," the party's Assembly chief whip added.
On Thursday, the Register of Members' Interests was published by the Assembly's Standards and Privileges Committee and its chairman Declan O'Loan said it would ensure politicians' private interests did not clash with their public role.
"Openness at the Assembly is essential to ensure public confidence. I therefore welcome the publication of the new Register of Members' Interests which further increases transparency at the Assembly," said the SDLP representative.
MLAs have been asked to reveal any extra earnings they make, directorships they might hold, or gifts they have received.
Sinn Fein leader Gerry Adams confirmed additional earnings in his role as an author and a contributor to a newspaper group. The register records him as having received £9,600 in a year, involving an average of 18 hours work a month.
DUP leader and First Minister Peter Robinson listed his additional properties as being an apartment in London, a house in Florida and a Constituency Office in east Belfast which he said are owned jointly with his politician wife, Iris Robinson.
A total of 41 elected representatives confirmed they employed a relative in some capacity through their Members Allowance, though most political parties had already volunteered the number of their representatives who employed a family member.