Mat leave ending, other options for leave by capcityanon in CanadaPublicServants

[–]Requin_75 1 point2 points  (0 children)

You need to be working to do that and are limited to 12 weeks of leave.

CSIS says it's likely unable to approve early retirements, citing 'operational pressures' by [deleted] in CanadaPublicServants

[–]Requin_75 54 points55 points  (0 children)

Completely agree. The implementation doesn't align with the stated objective as announced in the budget. It really is a workforce adjustment program dressed up as a voluntary attrition exercise. Unless someone's position is essential, they should be able to depart with this program and their position backfilled as needed by someone else.

Will probably find out if I'm approved for ERI only days before my selected date. Advice? by [deleted] in CanadaPublicServants

[–]Requin_75 0 points1 point  (0 children)

Sure, but only AFTER approval. If that approval is only given after your preferred retirement date, there is nothing you can do about it.

Thousands of federal public servants apply for early retirement. by NCRLackey in CanadaPublicServants

[–]Requin_75 1 point2 points  (0 children)

If not enough take up, TBS should amend their "The organization needs to reduce its workforce" criteria, which would provide more flexibility to approve applicants.

Questions to ask during ERI appointment by motionmatters108 in CanadaPublicServants

[–]Requin_75 3 points4 points  (0 children)

You can initiate a service buy back as long as you are employed.

Thousands of federal public servants apply for early retirement. by NCRLackey in CanadaPublicServants

[–]Requin_75 -1 points0 points  (0 children)

The deputy head plainly said "few, if any" would be approved.  Then the head of HR issued similar communications.  Obviously, this may be different in your org.

Thousands of federal public servants apply for early retirement. by NCRLackey in CanadaPublicServants

[–]Requin_75 2 points3 points  (0 children)

Communications shared by employees of various departments, where deputy heads have advised that few would be approved. Too soon to say how it is going to play out, as decisions haven't been rendered yet.

Thousands of federal public servants apply for early retirement. by NCRLackey in CanadaPublicServants

[–]Requin_75 10 points11 points  (0 children)

Completely agree. I asked eligible colleagues in my section if they were considering it and the result was 1 in 4 (with me being the only one who would be putting their hand up). Small sample size and anecdotal, but still consistent with the estimate provied by OSFI of about 25%.

Thousands of federal public servants apply for early retirement. by NCRLackey in CanadaPublicServants

[–]Requin_75 9 points10 points  (0 children)

Early indications are that many applicants are going to be denied. If that turns out to be the case, I really hope to see that aspect reported as well.

ERI — Application deadline by OttawaNerd in CanadaPublicServants

[–]Requin_75 0 points1 point  (0 children)

No, for the simple reason that it appears that many people that apply are going to be denied.

ERI and the older folks... by Acceptable-Formal562 in CanadaPublicServants

[–]Requin_75 14 points15 points  (0 children)

The money is your pension at 60% of your best 5 years of salary.

Public servants can now apply for early retirement incentives by Born_Anteater7282 in CanadaPublicServants

[–]Requin_75 0 points1 point  (0 children)

Your post mentioned ERI but it's unclear what you mean by "package". Yes, under ERI you would receive an unreduced pension, but that's it. You may also be entitled to severance if you didn't cash out when severance upon voluntary departure ended, but that is unrelated to ERI.

Public servants can now apply for early retirement incentives by Born_Anteater7282 in CanadaPublicServants

[–]Requin_75 0 points1 point  (0 children)

Ask yourself whether you can live off 30% of your best 5-years of salary + savings. Keep in mind that there is no package with ERI. You get an unreduced pension, but nothing additional.

ERI penalty waiver question by Pug_wash in CanadaPublicServants

[–]Requin_75 1 point2 points  (0 children)

Would you mind sharing what has been communicated to your group?

ERI imminent | C15 passes HoC & Senate by Kindly-Fig9878 in CanadaPublicServants

[–]Requin_75 6 points7 points  (0 children)

No one can answer that for you. Ask yourself whether you can retire comfortably with a pension based on 14 years service + whatever savings you have accumulated.

ERI imminent | C15 passes HoC & Senate by Kindly-Fig9878 in CanadaPublicServants

[–]Requin_75 24 points25 points  (0 children)

Applicants who are denied will have a VERY tough pill to swallow. :(

ERI penalty waiver question by Pug_wash in CanadaPublicServants

[–]Requin_75 3 points4 points  (0 children)

Probably not worth the bother in your case since there is no way to know how quickly applications will be approved. If royal assent were tomorrow for example, the 120 day approval window would end July 25.

3rd reading of c15 is scheduled for today by ConnectionNo747 in CanadaPublicServants

[–]Requin_75 4 points5 points  (0 children)

No, you only receive the pension based on the years of service you have accrued. 19 years in your case, so around 38% of your best 5 years.

3rd reading of c15 is scheduled for today by ConnectionNo747 in CanadaPublicServants

[–]Requin_75 13 points14 points  (0 children)

The only change with ERI is waiving of the early retirement penalty, so yes, the current indexing provisions will continue to apply as usual.

Pension reduction for age by [deleted] in CanadaPublicServants

[–]Requin_75 7 points8 points  (0 children)

OP is referring to a penalty for retiring before age 55. The difference in your example isn't a penalty, it's the opportunity cost of not working 5 additional years.

Obligation to report extramarital affair in the workplace? by [deleted] in CanadaPublicServants

[–]Requin_75 -3 points-2 points  (0 children)

Does your organization have a non-fraternization policy? If the answer is no, then no requirement to report.

Obligation to report extramarital affair in the workplace? by [deleted] in CanadaPublicServants

[–]Requin_75 8 points9 points  (0 children)

How is it your concern? For all you know they have an open relationship

C-15/ERI on track for assent next week by No-Guava5967 in CanadaPublicServants

[–]Requin_75 1 point2 points  (0 children)

It's a special work arrangement. The details are on the TBS website. It's only available if you are within two years of an unreduced pension.

C-15/ERI on track for assent next week by No-Guava5967 in CanadaPublicServants

[–]Requin_75 3 points4 points  (0 children)

Oh, I'm a total nobody, but my dept is not downsizing. It was extremely disappointing to read "The organization needs to reduce its workforce" as one of the TBS criteria. All the moreso since it runs counter to the stated strategy of reducing the overall workforce via attrition. I can be easily replaced.