By Canadian Taxpayers Federation -- Aaron Wudrick, Federal Director—— Bio and Archives--November 1, 2019
OTTAWA, ON: The Canadian Taxpayers Federation today released its calculations of estimated pension and severance payments paid to the 94 MPs who were either defeated or did not seek re-election in the Oct. 21 general election.
Defeated and retiring MPs will collect $3 million in annual pension payments, reaching a cumulative total of $104 million by age 90. In addition, another $5.8 million in severance cheques will be issued to former MPs. The pension and severance calculations for individual MPs are available here.
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