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Many federal politicians who decide to retire at the next election are set to walk away with millions of dollars from the lucrative parliamentary pension plan.

With a cabinet shuffle expected soon, some federal cabinet ministers have announced they won’t seek re-election and MPs from all parties are considering their political futures.

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Here’s a list of some of the potential payouts to longer-serving MPs as well as cabinet ministers not seeking re-election, as calculated by the Canadian Taxpayers Federation (assuming MPs don’t run again in 2015 and live until age 90)

Public Safety Minister Vic Toews

– elected in 2000; minister since 2006

– if he leaves cabinet this month but remains MP until 2015, annual pension of approximately $90,000; total lifetime pension of about $3.2 million to age 90

Minister of State of Foreign Affairs Diane Ablonczy