OT: MP Pensions
#1
Race Car
Thread Starter
OT: MP Pensions
From the FP....."MPs qualify for after holding office for six years — a pension Liberal MPs who were elected alongside Trudeau in the 2015 election are on the cusp of qualifying for. Dozens of Liberal MPs risk losing access to pensions if they’re defeated in an early election this year." 'nuff said.
The following 2 users liked this post by Muskoka:
Jamie140 (07-11-2021),
westcoastj (06-26-2021)
#3
#4
Drifting
From the FP....."MPs qualify for after holding office for six years — a pension Liberal MPs who were elected alongside Trudeau in the 2015 election are on the cusp of qualifying for. Dozens of Liberal MPs risk losing access to pensions if they’re defeated in an early election this year." 'nuff said.
#6
Race Car
Thread Starter
and if I had stayed in private sector I would be making at least 40% more than I have been making in almost 20 years of public sector. Took me 10 years to get to my salary from the private sector. Why did I do it? As a way to contribute to public good. I’ve worked in policing, child protection and now electricity. 2 of those you hope you never need it but are relieved when it is there to help. The other we all use and will continue to use for the rest of our lives and likely for many many generations.
#8
Burning Brakes
The following users liked this post:
rileyracing1 (06-26-2021)
#9
Funny, was just talking about this with my family the other day. MP's should only get defined contribution pension for the time they serve. They deserve something for the time they're MP's but they don't deserve a full blown pension off of just 6 years of service.
Yet another way the government rakes us tax payers.
Yet another way the government rakes us tax payers.
#10
Not only do I work 50 hours a week. I'm also on call 361 days per year, I take 4 days not on call when I go hunting. I carry 2 phones. Regular iphone and a satellite phone so I can be reached at any time. And yes, I'm in regular contact with my guys that run 24/7.
Why do I do it? Because I genuinely enjoy what I do.
Should also mention, wife works ER downtown Toronto. And she doesn't do it for the OT. She actually decided to go back to ER because that is where she started her career and wants to end her career in ER.
Defined pensions are a perk or public sector employment. That does not mean that there are many of us that work very hard at what we do.
Hope your electricity is on....
#11
Race Car
Thread Starter
It is, but at the highest rates in North America and I don't get an inconvenience check when the power is off for an extended period like consumers get in the UK. I don't begrudge anyone who gets a good deal but everyone except for the top level bureaucrats get overtime. My point about the MP's is if you don't like it, vote 'em out.
#12
I'm certainly not a top level bureaucrat and don't get overtime. So, not a correct conclusion. I also have never been paid overtime or ever been compensated for all the additional hours I work.
#13
I do have a problem with a full pension being provided after only 6 years of work.
#14
my sarcastic comment aside, if this is a binary DB pension scheme, where you simply "qualify" after 6 years, that's ridiculous. I don't agree with it for Liberals, or any other party. The whole premise of a DB scheme is additional percentage points for each year you work. Give them it when they start, and have it accrue at 1-1.5pp per year of service, or similar.
#15
Captain Obvious
Super User
Super User
This is a Porsche Technical Forums. Why is this thread here? If I want to read people bitcn' and complaining about politics or carrier politicians, I go and read the Fox News comments. This is not the place for this.