Nova Scotia MP's in line to collect Massive Pension's

The member of parliament for the South Shore will be among the highest paid federal politicians in the province if he retires on or after 2015. Gerald Keddy of South Shore-St. Margarets will receive the 4th highest annual pension. Canadian Taxpayers Federation Atlantic President Kevin Lacey says with pensions like Keddy's, its little wonder the pension program for MP's and Senators is on a fast track to go bust. "He will eligible to receive by 2015 just over $94,000 a year. That's over double most Nova Scotian's salary this year," Keddy's pension will only be lower than defence minister Peter McKay, who will receive the highest pension of all Nova Scotia MP's at $117,200 dollars a year; Liberal Geoff Regan at $105,000; and Liberal Scott Brison at 96,000.