Wednesday, 28 April 2010

Perhaps not corrupt, but...

More tales of politicians feathering their beds have hit the news this week.

A few years ago, the Province's MLAs introduced lump sum payments for members not qualifying for pensions because they hadn't 'served' 8 years. It was to tide them over while they looked for alternative employment.

It's not a bad idea, although the idea behind it clearly need not apply where they do get another job or they have planned a change anyway. It's obviously intended for those losing an election and being thrust into a 'job seeking' situation unexpectedly.

But a couple of years ago* they extended it to include those who will get generous pensions. They also increased it and, at the same time, replaced some non pensionable allowances with an increase in salary which is pensionable.

It meant that pensions increased by 85% and they got the lump sum on top.

It reminds me of the UK when incompetent "captains of industry" got massive pay rises and a huge cut in income tax as well from Thatcher.


*The media has reported as if they were being crafty, sneaking it through. But how come the media either didn't see it or said nothing at the time? These things are not done in secret.

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