"It's not overly generous. Compared to other pensions, people will say yes it is, but I think when you consider the work and the commitment you're making, I think there was a reason why it was instituted that way."
Mr. Jaffer will qualify for his first pension cheque, courtesy of Canadian taxpayers, on December 15th, 2026. It's not going to be a small one either; here's his curriculum vitae from the Parliament of Canada website:
His service as Conservative Party Caucus Chair for nearly 2 years back in 2006 to 2008 added an additional $10,700 to his annual salary and his service as Vice Chair of four Standing Committees back in 1997 to 1999 added $10,500 to $10,900 to his annual salary for those two years so, in combination with his eleven years of service, his MP pension will be well above the minimum allotted.
You're welcome Mr. Jaffer.
Oh yes, and his wife Helena Guergis is one of the lucky ones who qualifies for her pension on June 28th, 2010.
Here's a list of the lucky 75.