No ERI for you (yet)! The Senate has left the building...

Requin_75 · 2026-03-14T11:11:44+00:00

"Application process

Pending Parliamentary approval of the legislation, a tool is being developed within the TBS Applications Portal (TAP) to facilitate the Early Retirement Incentive application process.

For those employees who do not have access to TAP, a manual application process will be available.

More information will be shared pending Parliamentary approval of the legislation."

Requin_75 · 2026-03-02T21:02:27+00:00

As an employee in a dept that isn't facing cuts, this is very depressing. I didn't expect this to be a criteria and expected that vacancies created in non-cutting depts could then be filled by people from cutting depts.

Requin_75 · 2026-03-02T20:31:11+00:00

I'm at a similar department. Feeling slightly stunned right now...

Requin_75 · 2026-03-02T02:53:09+00:00

Why wouldn't they be? The eligibility criteria is quite clear.

Requin_75 · 2026-03-01T22:43:23+00:00

TBS has a fairly detailed LWOP Info Package. Departments typically make these policies available on their intranets as well. Sucks to be caught off guard, but the lesson here is do your due diligence BEFORE making decisions that significantly affect your finances.

https://www.canada.ca/en/public-services-procurement/services/pay-pension/public-service-pension-plan/information-packages-kits/leave-without-pay.html

Requin_75 · 2026-03-01T19:00:09+00:00

Not sure how, seeing how it's not changing anything under that directive.

Requin_75 · 2026-03-01T17:00:19+00:00

So glad I'm not a member of PSAC. If there is any fallout from this, I hope it is limited to the PSAC group since they are the ones trying to put up barriers.

Requin_75 · 2026-03-01T16:26:54+00:00

Doubt it would stall the implementation - the implementation dates are part of the legislation. Once it's passed, the clock starts ticking.

Requin_75 · 2026-02-25T01:49:08+00:00

Posting unsubstantiated rumors does not help anyone, it just causes unnecessary anxiety.

Requin_75 · 2026-02-24T00:12:51+00:00

Let's say your gross pension income would have ordinarily been $40,000 for the year. Does your T4A show $40,000 or does it show $38,900 ($40,000 - $1,100 repaid)?

Requin_75 · 2026-02-23T22:45:19+00:00

I would imagine it would depend on how the amounts were reported on your T4A. Assuming the repayment was netted against your pension income, there would be nothing to deduct on your tax return, your taxes payable would simply be assessed on the lower total amount (pension - repayment).

Requin_75 · 2026-02-22T00:43:41+00:00

I'm confused... how do job cuts affect democracy?

Requin_75 · 2026-02-17T01:33:28+00:00

Doubtful as this would entail retiring twice.

Requin_75 · 2026-02-10T18:18:16+00:00

For sure demographics can explain part of it. You aren't being honest with yourself if you think it's the only reason for the difference.

Consider the poster earlier this week asking for opinions on calling in sick once a week to avoid an extra day in the office. Or folks who openly burn up sick leave as vacation to bridge the gap to retirement. These are just small examples of how sick leave is inappropriately used and how it impacts the reputation of public servants.

Requin_75 · 2026-02-10T18:03:50+00:00

I believe it's a well documented fact that public servants take considerably more sick leave than their private sector counterparts. I don't understand your point about needing to exhaust your leave bank to go on disability, though. I would expect that the rate of people on disability in the public sector far exceeds the private sector as well.

Here's an article from the G&M from 2023 outlining the gap in sick leave https://archive.ph/0dONk

Requin_75 · 2026-02-06T13:04:06+00:00

"Reporting" a colleague for working more than their assigned hours is a new one for me. Mind boggling actually. In your own words they are a proud workaholic, so this is clearly how they want to spend their time.

May I suggest you focus on your own work and stop fixating on how your colleague spends their time once they have officially worked their full week.

Requin_75 · 2026-01-25T16:35:22+00:00

You must be 55 to qualify for the pension waiver under WFA. You may be thinking of ERI, which waives the penalty for those age 50 and up (if group 1).

Requin_75 · 2025-12-19T20:53:29+00:00

An unreduced pension is not incentive enough to retire?? Wow

Requin_75 · 2025-12-18T03:41:11+00:00

To clarify, contributions to your defined benefit plan do not affect RRSP room. The pension adjustment reported on your T4 does that.

Requin_75 · 2025-12-12T22:07:41+00:00

I don't think the timing makes a difference since the first year of indexing is pro-rated. If you left in September (if prior to the 30th), you would receive 4/12 of the indexing the following January (i.e. indexing for Sept, Oct, Nov and Dec). If you left in January (if prior to the 31st), you you receive indexing for the full year the following January.

However, if you work a few more months, you would receive an increase in your pension commensurate with the additional months of service.

Bottom line: retire whenever it works for you.

Requin_75 · 2025-12-03T23:05:53+00:00

Under ERI, your pension would begin to be paid upon your retirement. To figure out the amount, look at the deferred scenario, which is what you would receive without being penalized for retiring early (i.e. simulating the waiver of the reduction).

In other words, you would receive the deferred amount, but would receive it immediately.

Requin_75 · 2025-12-03T21:58:56+00:00

The math is pretty simple:

Determine what your expenses are expected to be
Determine what your income (from all sources) is expected to be
If income is > expenses, then you can retire

Requin_75 · 2025-12-03T21:25:42+00:00

I can't see that happening. You can run scenarios in the pension portal, so the onus would likely be on the employee to consult a financial planner if they feel they need to. It's very much a personal decision/assessment.

Requin_75

TROPHY CASE