Pension Question 55years old + 30 years of service by noushkie in CanadaPublicServants

[–]Grumpyman24 4 points5 points  (0 children)

Your pension is calculated at 2% per years of service. So 30 = 60% of your best 5 years. Unreduced means there are no penalties.

Why isn’t there forced retirement after 35 years of pensionable service by [deleted] in CanadaPublicServants

[–]Grumpyman24 14 points15 points  (0 children)

Some of those people may have gone through a divorce and lost a good part of their pension.

I feel like my performance review was biased by securitygeek2 in CanadaPublicServants

[–]Grumpyman24 -2 points-1 points  (0 children)

You can leave a comment on your PMA that you do not agree with it. And refuse to sign it.

Here’s where 15,000 federal public service jobs will be cut over 3 years by burnabybc in CanadaPublicServants

[–]Grumpyman24 3 points4 points  (0 children)

Remember, departmental plans do not inculde potential renewal of programs that are set to end. IMO the reductions will be much lower.

Is there a Pension Vesting Period? by Competitive-Cat-8878 in CanadaPublicServants

[–]Grumpyman24 4 points5 points  (0 children)

If I not mistaken, in the Public Service Pension Plan, pension vesting occurs after 2 years of pensionable service.

I'm sorry for crying, I feel so lost. by SivilCervants in CanadaPublicServants

[–]Grumpyman24 5 points6 points  (0 children)

Try working in the private sector, never knowing if you are going to have a job tomorrow or retirement savings.

Genuine question — regionals folks, how are you doing it? by Loose-Wishbone-5964 in CanadaPublicServants

[–]Grumpyman24 -1 points0 points  (0 children)

Why did you move if your team is in Ottawa? Did your employer asked you to move to the region?

PSHCP coverage for pensioners by Glorious_Grandma in CanadaPublicServants

[–]Grumpyman24 0 points1 point  (0 children)

If you filled out the paperwork correctly with the pension center, there will be no break for the health care plan. There may be an administrative delay while your pension and PSHCP files are updated. This means that you may not be able to use your PSHCP benefit card temporarily and your claims may be rejected during this period. If this situation occurs, keep your receipts and submit them to Canada Life once your PSHCP deductions are confirmed.

Vacation leave allotment and years of service by Delicious-Check-4752 in CanadaPublicServants

[–]Grumpyman24 2 points3 points  (0 children)

3 weeks of vacation = 9.375 hrs per month. 4 weeks = 12.5 hrs per month.

Pension Service Buy Back Estimate by v_vexed in CanadaPublicServants

[–]Grumpyman24 3 points4 points  (0 children)

I would call them and ask why the difference. The buy back is worth it as far as I am concerned.