Pay for Guernsey States members and non-States members will be frozen in 2021.
The Policy and Resources Committee said it was "not appropriate" to increase pay for political members "at a time when public finances are under enormous pressure".
An increase for all members was due to be automatically applied from May.
Deputy Peter Ferbrache said: "We all need to do what we can to preserve our limited public finances."
The Policy and Resources Committee (P&R) said the fact many employees in the public and private sectors will see their salaries frozen influenced its decision.
Mr Ferbrache, president of the committee, added: "In these extraordinary times, I'm sure all my political colleagues will be in full agreement that deputies' pay should not be increased this year."
States deputies currently receive £40,521, with committee presidents and members of P&R £54,744 and the president of P&R £71,248.
However, members who are over the pension age, currently 65 and four months, are paid less because they are not paid a top up covering social insurance contributions - deductions of £1,708 for deputies, £2,307 for committee presidents and P&R members, and £3,003 for P&R president.