Hyer on MP pensions underfunded

News January 19, 2012 11:52 am Last Updated on July 4, 2025 2:21 pm

The C-D Howe Institute says the pension plan for members of Parliament and Senators is underfunded to the tune of one-billion dollars. MP Bruce Hyer says that doesn’t surprise him. The C-D Howe report says the MP pension plan has no assets set aside to pay for those future benefits.