Thursday, February 16, 2012

Start the cost-cutting with MPP's

To my understanding, the base salary of an MPP in Ontario is $116,000, more if they are in cabinet or on a committee.

Presently, MPP’s receive 10% of their salary each year which goes into a locked-in retirement account (LIRA).

So, with a base salary of $116,000, which is paid for with taxpayer money, an additional $11,600 of taxpayer money goes into a LIRA for the MPP.

I was not able to put aside $11,600, or anywhere near 10%, of my after-tax income into a retirement plan this year. Of the people that I know, they were not able to do this either.

I was reading the Drummond Report, but did not see the elimination of the LIRA for MPP’s as one of the cost-cutting measures.

It would seem that anything involving the financial security of MPP’s is not considered being worthy of elimination.

The first thing the Government of Ontario needs to start reducing is their own wages and benefits.

Please take a moment to forward this message onto others, your MPP, and especially the Premier of Ontario.

You can contact Jeff Yurek, the MPP for Elgin-Middlesex-London at http://www.ontla.on.ca/web/members/members_detail.do?locale=en&ID=7174

You can contact the Premier of Ontario at https://correspondence.premier.gov.on.ca/en/feedback/default.aspx


Joe Caverly

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