Mp Pensions

CP

In It For The Pension? Not Always

While few would dispute that the pensions provided for MPs are generous, one former MP cautions it would be a mistake to run for office simply for the pension. A six-year minimum eligibility means MP...
CP

Tories Target MP Pensions

The government will include reform of the generous pension plan for members of Parliament in a second omnibus budget bill to be tabled next week, CBC has learned. The CBC's Hannah Thibedeau reports t...
CP

Your Tax Dollars: Investing in Bev Oda's Future

When Bev Oda's resignation from Parliament and cabinet took effect on July 31, she lost her $233,247 salary. But Oda started collecting her parliamentary pension on August 1 at the handsome rate the Canadian Taxpayers Federation estimates at $52,183 per year. For life. After eight years of Parliamentary work. You see, for every one dollar contributed from MPs to their pension plans, the Canadian taxpayers contribute $24 each. Seem a bit much?