BC: Barisoff Retires With $1.57 Million Pension

Jordan Bateman Taxpayers.com: Posted: August 19, 2012
Speaker Bill Barisoff just announced he won't seek re-election next year, meaning we have a new entry on our pension list. We estimate Bill's year 1 pension to be $90,992. If he lives to be 80 years old, he will collect $1.57 million.  Here’s the latest tally of B.C. MLAs elected in 2009, and what we believe they will collect in pensions. Remember, pensions increase by the rate of inflation every year. A lifetime estimate assumes the individual lives to age 80. This does not include the 15 month severance package.  We will post new blogs as this list of retiring MLAs grows.

B.C. Liberals 

Gordon Campbell (Vancouver-Point Grey; 15 years)$98,175 year 1; $1.7 million lifetime *left office in 2011 
Bill Barisoff (Penticton; 17 years)$90,992 year 1; $1.57 millon lifetime
Murray Coell (Saanich North and the Islands; 17 years)$89,000 year 1; $1.54 million lifetime
Kevin Krueger (Kamloops-South Thompson; 17 years)$87,700 year 1; $1.5 million lifetime
Barry Penner (Chilliwack-Hope; 15 years)$78,500 year 1; $1.35 million lifetime *left office in 2011
Harry Bloy (Burnaby-Lougheed; 12 years)$49,000 year 1;  $720,000 lifetime (13 years until he turns 80)
Dave Hayer (Surrey-Tynehead; 12 years)$47,600 year 1; $824,000 lifetime
Iain Black (Port Moody-Coquitlam; 6 years)$30,000 year 1;  $520,000 lifetime *left office in 2011
Kash Heed (Vancouver Fraserview; 4 years)Ineligible for MLA pension—less than six years of service

NDP

Michael Sather (Pitt Meadows-Maple Ridge; 8 years)$28,500 year 1; $490,000 lifetime
Dawn Black (4 years)Ineligible for MLA pension—less than six years of service
Does receive an MP pension: $41,560 year 1; $790,000 lifetime

BCCP

John Cummins (BCCP leader; never an MLA)Currently collecting MP pension: $102,169 year 1; $1.33 million lifetime (age 69-80)