Prime minister leader, the incoming leader will usually be referred as "prime minister-in-waiting". An example or this situation was in 2016 in the United Kingdom when Theresa May was elected leader of the Conservative Party while David Cameron was still prime minister. Ukraine's constitution (1996) lists the powers, functions and duties of the Prime Minister of Ukraine. Most prime ministers in parliamentary systems are not appointed for a specific term in office and in effect may remain in power through a number of elections and parliaments. For example, Margaret Thatcher was only ever appointed prime minister on "one" occasion, in 1979. She
Prime Minister of the United Kingdom retirement from the Commons, which elevates the individual to the House of Lords. Formerly, the peerage bestowed was usually an earldom, with Churchill offered a dukedom. From the 1960s onward, life peerages were preferred, although in 1984 Harold Macmillan was created Earl of Stockton. Sir Alec Douglas-Home, Harold Wilson, James Callaghan and Margaret Thatcher accepted life peerages, although Douglas-Home had previously disclaimed his hereditary title as Earl of Home. Edward Heath did not accept a peerage of any kind and nor have any of the Prime Ministers to retire since 1990; although Heath and Major were later appointed as Knights