this post was submitted on 05 Jul 2024
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Wait, what? If he's retired, why is he running for PM?
MPs are guaranteed a pension after spending 6 years in service as an elected MP.
He entered the parliament at age 25, ensuring him a pension since the age of 31. Although he still has to be 55 to actually start collecting it. Considering how long he has been an MP, he's probably looking at pulling in at least 100K/yr from age 55 onward.
Yeah that makes more sense and how I've understood it to work. Guaranteed retirement =/= retired.