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submitted 5 months ago by SamuelRJankis@lemmy.world to c/canada@lemmy.ca
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[-] SamuelRJankis@lemmy.world 23 points 5 months ago

A calculation of Poilievre's House of Commons pension indicates that he could draw more than $230,000 annually once he turns 65. That figure could grow considerably if Poilievre becomes prime minister following the next federal election.

If Singh qualifies for his pension, he could draw more than $66,000 annually starting at age 65, the same estimates suggest.

He estimated the current lifetime value of Poilievre's pension at $1.75 million, assuming he leaves politics after this year, starts collecting his pension at 65 and lives until 82 β€” the average life expectancy in Canada. According to Trivedi's math, Singh's lifetime pension is worth an estimated present-day value of $502,000.

this post was submitted on 18 Sep 2024
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