Wednesday, April 18, 2007

Pensions House of Commons


Since it takes only 6 years for an M.P. to EARN his pension the rookies from the 2000 elections will one day feed at the pension trough if they were reelected in 2004. The Rookies from the 2004 election will need until June 2010 to take their rightful place at the trough and must have been reelected in 2006. Rookies elected in Jan 2006 such as Colin Mayes have to wait until 2012 and will be praying for a reelection victory and a majority government to meet this important beneficial milestone.

Harper has been the (MP) for the riding of Calgary Southwest in Alberta since 2002, having previously served as the MP for Calgary West from 1993 to 1997. According to Canadian protocol, as Prime Minister, he is styled "The Right Honourable" for life. He has earned his M.P. place at the pension trough and will need to be reelected in the next election to achieve his 4 years required for the Prime Ministerial Pension. This will be in January 2010. He will not necessary need a majority government but just one that he wins and is still Prime Minister when 2010 rolls around.


Date of election/
referendum
Population Number of
Electors on lists
Total
ballots cast
Voter turnout
(%)

27 November 2000 28,846,761 21,243,473 12,997,185 61.25
28 June 2004 30,007,094 22,466,621 13,683,570 60.9
23 January 2006 30,007,094 23,054,615 14,908,703 64.7


http://www.tbs-sct.gc.ca/report/ampraa/2000/mpra-larp_e.asp

Prime minister
During their tenure as prime minister, incumbents must contribute for at least four years if this service is to be eligible for an allowance. The allowance will be paid once the prime minister is no longer a member of Parliament or is 65 years old, whichever comes later. The allowance is equal to two thirds of the annual salary payable to a prime minister at the time the payment of the allowance begins.

Members
Upon ceasing to be a member of Parliament, members are entitled to an annual allowance after they have contributed under the plan for at least six years. For service up to and including July 12, 1995, former members are entitled to an immediate annual allowance. For service after that date, former members are not entitled to an annual allowance until they are 55.

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