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Possible real reason Julie Bishop leaving.
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Pauline Hanson has renewed calls for lifelong parliamentary pensions of retiring federal politicians to be scrapped, describing the lucrative pay outs as a waste of taxpayers' money.
The One Nation leader expressed her outrage on social media at former foreign minister Julie Bishop's retirement benefit, which will see her pocket more than $210,000 a year when she leaves federal Parliament at the next election in May.
She also attacked Defence Minister Christopher Pyne, who will receive $140,000 a year from his time as a minister after he announced on Saturday he is quitting politics after 26 years.
Politicians elected before 2004 are entitled to a generous, lifelong parliamentary pension, which after the election will see a former minister still in his forties entitled to thousands of dollars a year from the public purse.
Former ministers will be receiving more than double Australia's average full-time salary of $82,400, without having to wait until the retirement age of 65 even though they could also be raking in cash as corporate directors.
'They're doing it tough and what makes me angry is that Julie Bishop, who is going to retire from parliament now after 19 years, is going to retire on over a $200,000 a year parliamentary pension,' she fumed in the Facebook video.
Ms Bishop, who was also the Liberal Party's deputy leader from 2007 to 2018, is set to receive at least $210,000 a year from her time served as cabinet and junior minister, based on a Department of Finance handbook for members of parliament elected before 2004.
That is 10 times the aged pension for a single person.
** Here it is **
Senator Hanson accused Ms Bishop of quitting before the next election to help her qualify for a more generous parliamentary pension.
'She's getting out now because [if] they end up in Opposition, it goes on the previous three years wages – which she'll lose about $70,000 a year,'
http://www.dailymail.co.uk/news/article-6767159/Pauline-Hanson-calls-Julie-Bishops-250-000-year-pension-scrapped.html