OTTAWA, Jan. 25 (UPI) -- Losers in Canada's parliamentary election still have something to look forward to -- hefty pension checks worth on average more than $100,000 annually.
The Toronto Sun reports all members who serve more than six years in Parliament and are more than 55-years-old get $4 for every dollar they pitch into their pension plan.
In 2006 the 67 members who lost the election will get a total of $3.3 million.
The most expensive pensioner is Ethel Blondin-Andrew, the outgoing Northern Development Minister. She'll get $137,820 a year beginning in March.
A number of others will receive more than $100,000 annually.
Those who aren't more than 55-years-old don't lose out though.
All get a severance package worth half of their annual pay.
John Williamson, head of the Canadian Taxpayers' Federation, called for a revamping of Parliament's pension system to bring it more in line with that of average Canadian citizens, which is matched dollar for dollar by their employer.