Why is Stephen McNeil defending his multi-million dollar gold plated MLA pension?

September 23, 2013 at 10:35 am

PICTOU, NS – On the same day Jamie Baillie reaffirmed his commitment to scrapping the gold plated MLA pension plan, Pictou West Progressive Conservative candidate Karla MacFarlane is wondering why Stephen McNeil is defending his.

If Stephen McNeil were to leave politics tomorrow, his annual pension would be almost $70,000.

If Stephen McNeil were to continue serve as leader of the Opposition after the next election, his annual pension would be almost $95,000.

After another four years in the House of Assembly leading the Liberal Party, Stephen McNeil could earn as much as $2,894,384.41 from taxpayers by the age of 78.

If Stephen McNeil were to be Premier for the next four years and retire to his gold plated pension at the end of his term, his starting pension would be over $138,000, totalling over $4.2 million over the rest of his lifetime.

“It’s up for Stephen McNeil to tell voters why he deserves a pension most ordinary Nova Scotians can’t even dream of,” said MacFarlane. “Political life is supposed to be a public service, not a rich retirement plan.”

MacFarlane says Stephen McNeil must explain why he still thinks it’s acceptable for MLAs to set their own pay and benefits.

“What Stephen McNeil and the Liberals seem to forget is the taxpayers are the boss,” said MacFarlane. “Stephen McNeil might be fine with MLAs setting their own pay and benefits, but the Progressive Conservatives know that’s wrong and it’s time for real change.”

McNeil has opposed Jamie Baillie’s plans to scrap the gold plated MLA pension plan before.

Stephen McNeil says he’s prepared to “accept” his gold plated pension and wants to “move on.”

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