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crazy_eoj · 05-04-2011, 04:10 PM

Does this make anyone else sick to their stomach?

MPs Cash in on $116 million in Pension & Severance Bonanza

OTTAWA, ON: The Canadian Taxpayers Federation (CTF) today released its calculations of estimated pension and severance payments paid to the 113 MPs who were either defeated or did not seek re-election in the May 2, 2011 general election. Defeated and retiring MPs will collect $4.9 million in pension payments in their first year, reaching a cumulative total of $111.5 million by age 80. In addition, another $4.3 million in severance cheques will be issued to former MPs. The pension and severance calculations for individual MPs are available HERE.

05-04-2011, 04:10 PM	#4656
crazy_eoj Powerplay Quarterback Join Date: Dec 2003 Exp:	Does this make anyone else sick to their stomach? MPs Cash in on $116 million in Pension & Severance Bonanza OTTAWA, ON: The Canadian Taxpayers Federation (CTF) today released its calculations of estimated pension and severance payments paid to the 113 MPs who were either defeated or did not seek re-election in the May 2, 2011 general election. Defeated and retiring MPs will collect $4.9 million in pension payments in their first year, reaching a cumulative total of $111.5 million by age 80. In addition, another $4.3 million in severance cheques will be issued to former MPs. The pension and severance calculations for individual MPs are available HERE.