Wednesday, September 29, 2010

Defeated MLA's Can Clean Up In Pensions After Election

(Retiring MLA Stuart Jamieson)

The price tag for pensions for MLA's defeated on Monday or who chose not to run this fall is staggering according the Canadian Taxpayers Federation.
Kevin Lacey tells CHSJ News the calculation is for estimated lifetime pension based on the average age of a person in this province.


He says they found MLA's could earn over 7.5 million dollars now that the election is over.
Lacey adds outgoing Liberal MLA Stuart Jamieson can potentially earn over 77-thousand dollars annually and more than 1.3 million dollars in an estimated lifetime benefit.