Tuesday, January 24, 2006

Entitlement calculations

Have a seat, because some of these numbers are shocking. For example, Jeremy Harrison of Desnethe-Missinippi-Churchill River was fired after around 18 months of work and will receive a $74,800 severance. Now that is quite a deal.

Here is a .pdf of all defeated or retired MPs.


John Murney said...

Harrison is entitled to the severance and so is every other defeated and retiring MP. Personally, as a taxpayer, I don't have a problem with it.

Adam Taylor said...

Yes, they are all entitled to their entitlements.

But seriously, the severance is the smaller issue - the gold-plated pensions are disgustingly high.

Much higher than those found in the private sector, and not even made public (except by the CTF).

The pension system in Ottawa needs reform. Move to a dollar for dollar matching system as is found in Alberta, Ontario, BC, etc. No one is saying abolish them outright.

Anonymous said...

This is the reason that the government wants to do away with mandatory retirement...to pay for the ever-increasing salaries, pensions & severance package.

And how many of these individuals will then attach themselves to some friendly government company & get rehired for their 'expertise' as some high-priced consultant to work on one more obtuse study that were responsible for completing while still working for the government.

And of course lets not forget the directorships they can now fill sitting on the boards of all those big corporations who helped to pay for their reelection expenses while running for office.

John Murney said...

Adam, I agree with you about the MP pension plan.
Back when I was still a journalist, I was privately horrified to discover that for every dollar MPs pay into the plan, taxpayers pay 7 dollars (I learned that courtesy of the CTF!). This is something that needs to be changed.

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