It seems that quite a few Reformatories are eligible for their gold plated 6-figure retirement packages.
It was said that thes so-called Reformers (Deformers as I sometimes like to call them) that they did say they would refuse to collect their pensions as a way of leading by example and fighting the deficit in 1993. It also appears that they changed their minds according to the Tax Payers’ Federation.
While many Canadians worry about program cuts, including their pension plans, these MPs have no problem keeping their gold plated plans, including Harpercons, who, as mentioned above, pledged to scrap these plushy plans. Between this broken pledge and the neo-con mantra of doing things all by your lonesome with no help of anykind from taxpayers, this situation screams hypocrisy at the very least and wonder why folks like the Romper Roomies as well as other Harpercon cheerleaders don’t channel their negative energy toward them instead of the aging babyboomers and the Civil Servants at every level of Government.
While we hear of certain European countries raising retirement ages (Germany’s Angela Merkel hiked the retirement age to 67 and I heard musings of her perhaps hiking it to even 69; the Dutch are talking of raising retirement age to 67 and Greece is being pressured by certain EU countries to raise their’s in an effort to tackle their deficit); while workers either in private or public sector worry about their pension contributions, the trend of that so-called ‘freedom 55′ has come to an end. Those who will get to retire at 65 will be the lucky folks; they will be folks who saved all their own money. Many like myself, don’t believe most of us will see retirement.
I have to wonder if our contributions to CPP (QPP and RRQ in Quebec) will become tax credits as opposed to tax deferred? I honestly wonder if our contributions will simply go into some finacial black hole rather than to our retirement.
Back in the days when this pension was created, almost no one retired before age 65 and even then. Folks had a considerably shorter life expectancy than they do today
Would the federal Old Age Pension still be around by the time I hit 65? Less likely if Harpercons get their majority, because even though they say they won’t cut it now, who’s to say they won’t do it later on?
The Harpercon cheerleaders keep saying the Liberals have tired old ideas; I ask them; what new innovative ideas do Harpercons have? Withdrawing from their own MP Gold plate pensions would be a good start as they pledged they would do. Wishful thinking though.
I would be curious to find out if EU leaders like Angela Merkel have gold plated retirement packages themselves that are equal to or even greater than that of a Canadian MP? I only ask because they hiked their retirement ages.
One thing I do ask though: Stop blaming the Baby Boomers and civil servants for budget deficits and worries about subsequent generations being able to retire.