- L. Ian MacDonald: Bloc pensions stand in the way of election
-
There are 16 reasons why there won’t be an election this summer, and probably won’t be one before next summer. Sixteen is the number of Bloc Québécois MPs first elected with the class of 2004, who will qualify for their parliamentary pensions six years to the day later. On June 28, 2010.
Those 16 Bloc members need to be in Parliament until then for their pensions to vest. Should any of them lose their seats in an election first, they would also lose their pensions. This is no small consideration in keeping the House going until then.
Consider: MPs’ pensions vest at 3% per year of their salaries for the first six years. That’s 18% of $155,000 (MPs’ base salary) per year, or $27,900 a year. Indexed. For life.
No seat for six years, no pension.
Saturday, June 06, 2009
Hmmmm! Makes Sense.
Subscribe to:
Post Comments (Atom)
About Me
- Unhypentated Canadian
- I lean to the right but I still have a heart and if I have a mission it is to respond to attacks on people not available to protect themselves and to point out the hypocrisy of the left at every opportunity.MY MAJOR GOAL IS HIGHLIGHT THE HYPOCRISY AND STUPIDITY OF THE LEFTISTS ON TORONTO CITY COUNCIL. Last word: In the final analysis this blog is a relief valve for my rants/raves.
No comments:
Post a Comment