outgoing prime minister remains a Member of Parliament. An outgoing prime minister can ask the monarch to bestow honours on any number of people of their choosing, known as the Prime Minister's Resignation Honours. No incumbent prime minister has ever lost their own seat at a general election. Only one prime minister has been assassinated: Spencer Perceval, in 1812. Precedence, privileges and form of address On taking office a new prime minister usually makes a public statement to announce to the country that they have been appointed by the reigning monarch (called "kissing hands"). This is usually done by saying words to the effect of: Throughout the United Kingdom, the prime minister outranks all other dignitaries except members of the royal family, the lord chancellor, and senior ecclesiastical figures. In 2010, the prime minister received £142,500 including a salary of £65,737 as a member of parliament. Until 2006, the lord chancellor was the highest-paid member of the government, ahead of the prime minister. This reflected the lord chancellor's position at the head of the judicial pay scale. The Constitutional Reform Act 2005 eliminated the lord chancellor's judicial functions and also reduced the office's salary to below that of the prime minister. The prime minister is customarily a member of the Privy Council and thus entitled to the appellation "The Right Honourable". Membership of the council is retained for life. It is a constitutional convention that only a privy counsellor can be appointed prime minister. Most potential candidates have already attained this status. The only case when a non-privy counsellor was the natural appointment was Ramsay MacDonald in 1924. The issue was resolved by appointing him to the Council immediately prior to his appointment as prime minister. According to the now-defunct Department for Constitutional Affairs, the prime minister is made a privy counsellor as a result of taking office and should be addressed by the official title prefixed by "The Right Honourable" and not by a personal name. Although this form of address is employed on formal occasions, it is rarely used by the media. As "prime minister" is a position, not a title, the incumbent should be referred to as "the prime minister". The title "Prime Minister" (e.g. "Prime Minister Rishi Sunak") is technically incorrect but is sometimes used erroneously outside the United Kingdom and has more recently become acceptable within it. Within the UK, the expression "Prime Minister Sunak"