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Posted

Politicans who have been in Ottawa since 2004, will now receive their pensions at age 55, which for some are already there. Members make $157,731 yearly will get another $25,000 and cabinet ministers and leaders make $210,000 will get another 75,516.00. Question, how is your pension plan doing? Not as good as there's and for what we get from government , I don't think we are getting our money's worth. http://www.vancouversun.com/business/eligible+lucrative+pensions+month/3153874/story.html

Posted

Politicans who have been in Ottawa since 2004, will now receive their pensions at age 55, which for some are already there. Members make $157,731 yearly will get another $25,000 and cabinet ministers and leaders make $210,000 will get another 75,516.00. Question, how is your pension plan doing? Not as good as there's and for what we get from government , I don't think we are getting our money's worth. http://www.vancouversun.com/business/eligible+lucrative+pensions+month/3153874/story.html

I have a better idea. Triple their pay, but make it all taxable, make them pay for their own pensions out of their own pocket, their own apartments, etc. Any expenses can be declared on tax returns. I don't think we should underpay MPs, but we should let them directly fund pensions and the like.

Posted

I have a better idea. Triple their pay, but make it all taxable, make them pay for their own pensions out of their own pocket, their own apartments, etc. Any expenses can be declared on tax returns. I don't think we should underpay MPs, but we should let them directly fund pensions and the like.

Let all government workers fully fund their own pensions.

Better yet, scrap the pension system and let them do it themselves in RRSP's and TFSA's.

If a believer demands that I, as a non-believer, observe his taboos in the public domain, he is not asking for my respect but for my submission. And that is incompatible with a secular democracy. Flemming Rose (Dutch journalist)

My biggest takeaway from economics is that the past wasn't as good as you remember, the present isn't as bad as you think, and the future will be better than you anticipate. Morgan Housel http://www.fool.com/investing/general/2016/01/14/things-im-pretty-sure-about.aspx

Posted

Let all government workers fully fund their own pensions.

Better yet, scrap the pension system and let them do it themselves in RRSP's and TFSA's.

No, I have no problems with the the government workers after all their job can be gone with one slip that makes the government look bad, even if its the ministers fault. Any politician that is only there for at less ten years, shouldn't get such a large retirement package.

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