Quote:
Originally Posted by crazy_eoj
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. |
DB pensions FTW!
I almost wonder if those young, proud, bootstrapping candidates ran so that they had a chance to get the juicy pension.