Taxpayers Federation releases pension and severance figures for 2021 federal election

OTTAWA, ON: The Canadian Taxpayers Federation released its calculations of estimated pension or severance payments paid to the 51 members of Parliament who were either defeated in the federal election or did not seek re-election. “Taxpayers shouldn’t feel too bad for the politicians who lost the election because they’ll be cashing big severance or pension cheques,” said Franco Terrazzano, Federal Director with the CTF. “Thanks to past pension reforms, taxpayers will not have to shoulder as much of the burden as they used to. But there’s more work to do to make politician pay affordable for taxpayers.”