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Justin Trudeau set to earn more than $8 million in government pensions and severance: Canadian Taxpayers Federation
- Former Prime Minister Justin Trudeau will receive two taxpayer-funded pensions and a severance payout after not running in the 2025 election.
- Trudeau qualifies for two separate pensions: one based on his service as an MP for almost 17 years, and another due to his decade-long tenure as prime minister.
- Starting at age 55 in 2026, Trudeau’s MP pension will pay $141,000 annually totaling about $6.5 million, while his PM pension will start at $73,000 annually at age 67 in 2038 totaling $1.9 million.
- He will also get a severance payment just under $105,000, and combined the pensions and severance are valued at approximately $8.4 million according to CTF estimates.
- The Canadian Taxpayers Federation calls for pension reforms and an end to second pensions for future prime ministers to reduce taxpayer costs.
6 Articles
6 Articles
Justin Trudeau will receive two taxpayer-funded pensions and here's how much money he'll get
Justin Trudeau will get two taxpayer-funded pensions because he was the prime minister and a member of parliament. That means he can get millions of dollars in pension payouts over the next 30-plus years.
Justin Trudeau Getting Two Pensions And Severance Worth Over $8 Million - Nemos News Network
Nothing like being rewarded for a job well done. Or, in Justin Trudeau’s case, bringing an entire country to the brink of losing the respect of the entire world. Maybe that’s why Trudeau is reportedly getting not one but two pensions, and a $104,000 severance, totaling more than $8 million, according to the Toronto Sun. The Canadian Taxpayers Federation (CTF) released a chart Wednesday estimating pension and severance payouts for departing MPs.…
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