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. |
Not really, it's a tough job and like others have said you need some incentive to attract good smart people.
Besides you and me can run for public office and collect those pensions if we wanted too...