pension

The truth behind Steven Harper’s open letter and Government Sick Leave and Pension Benefits

With 15 days left until Election Day, all parties are recognizing the importance of obtaining the votes of the federal public servants. On October 1st, 2015, Stephen Harper released his “open letter” to public servants; this comes almost a week after Justin Trudeau’s “open letter”. In Harper’s letter he makes comments such as “Canadians are [...]

Public Service Pension Plan – What you need to know

An attractive benefit of the federal public service is the public service pension plan. The plan is a defined benefit plan meaning that employees are promised a specific predetermined benefit that is calculated by an employee’s salary, years of service, and age instead of depending directly on individual investment returns. There are a few basic [...]