Severance Plans are not tied to "Showing up for work"!

 

This is why we need to rally on August 28th at Queen's Park

Register at etfotvot@gmail by Monday, Aug. 27th

 

Liberal MPPs have spotlighted Teachers' retirement gratuities which reflect a Teacher's use of negotiated sick days.   Now reflect on these MPP severance packages which are based solely on years of service - 

MPP Severance Plan

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Four years or less of service – 50% of salary*

More than four years, less than eight – 100% of salary

More than eight years – 150% of salary

* Salary used for calculation is the average salary over the last 36 months prior to retirement or resignation.

Premier Dalton McGuinty

Date elected: Sept. 1990

Years of service to date: 21.9

Average annual salary over three years: $208,974

Multiplier for severance: 150%

Eligible for severance payment of: $313,461

Finance Minister Dwight Duncan

Date elected: June 1995

Years of service to date: 17.2 years

Average annual salary over three years: $165,851

Multiplier for severance: 150%

Eligible for severance payment of: $248,777

Education Minister Laurel Broten

Date elected: Oct. 2003

Years of service to date: 8.8 years

Average annual salary over three years: $164,038

Multiplier for severance: 150%

Eligible for severance payment of: $246,057

Former MPP Leona Dombrowsky

Elected: June 1999 – October 2011

Years of Service: 12.3 years

Average annual salary over three years: $165,851

Multiplier for severance: 150%

Eligible for severance payment of: $248,777

MPP with no Additional Responsibilities

Date elected: October 2011

Years of service: 10 months

Average annual salary over three years: $116,550

Multiplier for severance: 50%

Eligible for severance payment of: $48,562