Time to stop massive pensions being paid out to MPs
Open letter to Prime Minister Stephen Harper:
Congratulations on your success in the recent federal election.
I understand there are 113 defeated and retired MPs who will collect a cumulative $112 million in estimated lifetime pension benefits.
Gilles Duceppe will collect another $3 million by age 80.
After four elections in seven years it is about time to put a stop to these gold-plated pension benefits. Currently taxpayers cough up $4 for every $1 contributed by an MP. This must change to a plan whereby taxpayers match MP contributions dollar for dollar. This brings the pension in line with most pensions in Canada.
Governments must come to their senses and realize that taxpayers can no longer pay into these gold-plated pensions. Taxpayers in Canada are being taxed to death and are headed for the poor house.