19 January 2012

Just something to consider...

...as you're filling out your tax return this spring...
The C.D. Howe Institute says the pension plan that secures retirement benefits for members of Parliament and senators is underfunded by up to $1 billion.

The institute's plea for reform echoed a similar call issued Wednesday by the Canadian Taxpayers Federation, which exhorted MPs to surrender their pension plan and adopt a more modest system.
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Like that magical, "free" healthcare... somebody actually does have to pay the freight here...
The federation contends the existing plan is the best-funded in the world, but lamented that taxpayers foot the bill for most of its perks at a rate of $23.3 for every dollar contributed by an MP.
Yeah... I know... dreamin'.