Class of 93′ Reformers Should Take Up the Pension Mantel Again
In 1993, 51 new Reformers stormed into Ottawa with a mission to change the place (Deborah Grey was already elected in a by-election). Despite never winning government in their Reform incarnation, the party arguably did change Ottawa in several respect, but over the years the zeal of those fights has largely worn off. Think deficits.
At the request of both the Globe and Mail and the Canadian Press, the Canadian Taxpayers Federation provided pension calculations for the 11 remaining MPs from Reform’s class of 93′. These MPs are no more to blame for the sweetheart deal that is the MP pension regime than any other of their colleagues, yet they have an opporunity to resurrect this fight and set an example as they reign in public sector unions as a hopeful and needed part of tackling the deficit.
Led by these 11 MPs – which includes the Prime Minister and one Liberal (Keith Martin) – parliamentarians should set an example for public pension reform by 1st) moving from a defined benefit plan to a defined contribution plan and 2) significantly lessening the generosity of these plans.
February 22, 2010
Tags: Canadian Press, Globe and MAil, MP Pensions, Reform Posted in: Blog Content
One Response
So because everyone else has a crappy type of pension plan, MPs and public servants should too. This is “progressive”, not conservative, thinking. The PM is grossly underpaid for his 24/7 job.
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