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What Vic Toews is eligible to collect in pension plans

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What Vic Toews is eligible to collect in pension plans

-- Manitoba Justice Department: For the years he worked as a Crown attorney, he can collect more than $18,000 a year. Toews acknowledged in an affidavit filed in a Manitoba court April 10, 2010, that he earned $18,267.84 a year from the Manitoba Civil Service Superannuation Board, starting when he turned 55 in September 2007.

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-- Manitoba legislative assembly: Toews was an MLA from 1995 to 1999, serving in cabinet. At that time, he had the option of paying seven per cent of his total pay into an RRSP of his choice. The Government of Manitoba contributed a matching seven per cent. A new legislative assembly pension plan was adopted in 2005.

-- Federal government: Toews was first elected in 2000. The Canadian Taxpayers Federation says he leaves politics with a $79,584 annual pension, indexed to inflation, for his 13 years in office as a Manitoba MP. The CTF says if Toews lives until age 90, the average life expectancy of parliamentary pension plan members, he will get a lifetime pension of $3.1 million.

Republished from the Winnipeg Free Press print edition July 9, 2013 A4

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