Topics:  pension, prime ministers, retirement, taxpayers

Former Prime Ministers costing taxpayers in their retirement

Former PM John Howard is one of many former PMs and MPs still costing taxpayers.
Former PM John Howard is one of many former PMs and MPs still costing taxpayers.

THERE'S a lot of hoo ha about the increase to politicians' wallets this week.

Acting Premier Jeff Seeney announced MPs would get a $57,000 per year pay rise after the Crown Law declared a move by former Queensland Premier Anna Bligh to freeze MPs pays was illegal.

Readers have expressed their disgust at the situation on Facebook and online.

But there is another part of this that people have yet to think about - what will that increase mean for their superannuation/pension?

While these guys who end up working 18 hours a day, seven days a week, for a minimum of three years, and do deserve a pension, the amounts are, as far as I'm concerned, ridiculous.

Reports suggest Australia's first female Prime Minister, outed last week by former PM Kevin Rudd, will receive a $200,000 a year pension, plus a driver for life, an office, staff and free travel.

Meanwhile, in 2010 it was reported that former PMs John Howard, Paul Keating, Bob Hawke, Malcolm Fraser and Gough Whitlam cost the government an average of $850,000 a year each due to the pension and entitlements.

Isn't the point of retirement to, um, retire? Not set up shop in another office paid by the taxpayers. What they earn in a year would be enough for the average Joe to retire comfortably.

Surely $100,000 a year pension would suffice?


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