Jérôme Côté - Jean Charest - Judges - Universitys - Gilles Vaillancourt CANADA AND QUEBEC PENSIONS PLANS OF OUR ELITES: Hens WITH GOLDEN Egg$$$$$$$$$ PAID BY YOU!

CANADA AND QUEBEC PENSIONS PLANS OF OUR ELITES:
Hens WITH GOLDEN Egg$$$$$$$$$
PAID BY YOU!

Cheaper than in Ontario

I was pointing out that the Quebec pension plan,for Elites, was more advantageous than the Ontario scheme, insofar as it is defined benefit while the regime of Ontario members are defined contribution.

A defined benefit plan is considered more attractive because it protects the beneficiary in case of market collapse and guarantees stable income in retirement.

The Gommery Committee and scandals sponsorship, several federal Liberal friends are out with a pension of more than $ 100,000 per year.

In an interview with Money, expert compensation Jérôme Côté of 37-2 firm stressed that the defined benefit plan was an archaism in the world of work.

"The underlying trend is the gradual disappearance of this type of plan, for defined contribution plans, many less risky for the employer, "he said. Mr. Côté believes that there is almost no equivalent to what is offered to MPPs in the private sector, except what is for some very senior executives.

"They are very generous schemes that represent a form of deferred compensation, "he said.

A deputy provincial receives a base salary of $ 85,388, plus various bonuses according to cumulative functions. If no re-election, a Quebec member is entitled to severance pay of tens of thousands of dollars.

Mr. Côté believes that this type of financial benefit is to attract the best candidates and to protect the elected members of the pressure lobbyists and bribes.

"We do not want them to be subjected to undue pressure because they lack money," he says.

Judges pensions pensions, ex-MPs, elected officials, university managers, CEGEP, School Board, Hydro-Québec, SAQ, SAAQ, etc. It never ends.

Jean Charest, the best Premier of Quebec also receives several hundred thousand dollars a year. He always vowed that he will participate addition to the corruption of politicians under his glorious reign. My ministers, deputies, mayors, heads of agencies know well how my life has been sacrificed for all of you.

Even Gilles Vaillancourt,Laval our thief receives a pension of hundreds of thousands of dollars a year, even if he robbed us for years.