Employment Law

Former Prime Minister Justin Trudeau is set to collect over $8 million in pension payouts and a $104,000 severance cheque, according to new figures released by the Canadian Taxpayers Federation (CTF). Trudeau resigned in January 2025.

What Trudeau Will Receive

Benefit	Amount	Starts At
MP Pension	$141,000/year	Age 55
Prime Minister’s Pension	$73,000/year	Age 67
Severance Payment	Approximately $104,900	Immediately

CTF National Director Franco Terrazzano criticized the payouts, calling them excessive compared to what average Canadians receive.

“There definitely needs to be a culture change in Ottawa… the vast majority of private sector workers don’t even get a workplace pension,” Terrazzano said.

While political severance is governed by its own set of rules, many Canadians were left wondering: how does severance work for the rest of us?

Additional Notes on MP Severance

• MPs who serve fewer than six years don’t qualify for a pension, but they’re still entitled to a severance payment equal to half their annual salary – currently $104,900.
• Some MPs are eligible to receive both severance and a full pension. These include high-profile names like Niki Ashton, Jagmeet Singh, Mark Holland, Seamus O’Regan, and others.
• Conservative Leader Pierre Poilievre has publicly declined the severance he was eligible to receive after losing his seat, stating earlier this month that he won’t accept the $104,900 payout.

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