"However, Fife reports that Baird is currently in a position to collect a $100,000-plus pension when he reaches 55 years of age. Under new MP pension rules, if Baird had sought re-election again this year, he wouldnt be able to collect that sum until age 65."
He is 45 now so another 10 years and buddy will be collecting 100k per year
there should be a law where if mp's are working after they leave office they should only be eligible to collect pension monies that would top them up to a total of $100K in compenation. ie, if they're working and earning $75K then they can only collect a pension of $25K.
considering that most high ranking mp's will go on to earn in excess of $100K, they shouldn't be collecting pensions while they are working. one of the benefits of working in public office are the connection one makes while serving the public.
context is everything