13 January 2016

Everyone a Wynner...

...well, if you're a friend of the ruling party, anyway...

The one-time deputy minister will get a bump in pay as he’s brought in by the Liberals to set up the governing body of Premier Kathleen Wynne’s flagship pension plan. In addition to his $525,000 base salary, he will be eligible for an annual performance bonus of up to 25 per cent, or $131,250.
**********

FROM THE COMMENTS:
"See? It's proof that they system works: there's one person in Ontario who doesn't need to worry about his pension now."
Yup.


7 comments:

Anonymous said...

See? It's proof that they system works: there's one person in Ontario who doesn't need to worry about his pension now.

Neo Conservative said...

*
kathleen wynne has just found another way to tax everyone in ontario. no doubt the government will somehow manage to profit from this latest ploy.

there will also no doubt be a hefty, well paid & pensioned bureaucracy dedicated to managing this program.

*

Anonymous said...

This is a monopoly and not that difficult to run. The president of Hydro Quebec, a position with much more responsibility, doesn't get anything like that kind of money.

Bill Elder said...

Wonderful, kleptonomics at work - for those who really need this pension, the stingy pittance they will draw from it will be clawed back in tax to pay for the union pensions of those snivel service parasites who administer it.

The new economic strata will be poor and sinecured govt. workers

Anonymous said...

old white guy says..........neo, one problem with government run pensions is the money is shoved into general revenue and spent, it really is never there. they play accounting tricks on paper and just pull the money they owe out of the current operating budget. If they don't have enough, which they never do, they borrow it.

Neo Conservative said...

*
the liberals have a time honoured system of helping each other out... a failed liberal candidate out here got the concession to put up a huge solar farm on agricultural land.

this is just more government pork.

*

Anonymous said...

All that money will be "invested" in pay-raises for public sector unions, money losing enterprises linked to the Libs, consultants, green energy schemes, etcetera. Anyone retiring with this pension will be living off his children's extra taxes. Because the money will be long spent, and then some. God help us all.
JohnnyD