- Reaction score
- 1,478
- Points
- 1,260
Well said.But receiving 70% of your income made well in the CAF is a fantastic thing
Well said.But receiving 70% of your income made well in the CAF is a fantastic thing
It took me years to find a job that where my knowledge and skill sets could be used. I applied for some really stupid jobs to get my toe in the door. Now working in property management for company in Ottawa, and I think I am the only former soldier in the company.How did you get hired by a civilian employer? Sounds like yours is a great example of a success story some could learn from!
Of all the threads I have read on here, the most amazing is always "Pension wait times", and others like it.Being non-military, the one thing that I have repeatedly read on this site that strikes me as bizarre is the often protracted lag between the last CAF paycheque and the first pension cheque and benefits kick-in.
It used to be considered an advantage in the emergency service. Not sure if it as much of an advantage now?That is one of the great reasons to hire ex military, we will work and make things happen.
Do you mean non-CAF?Of all the threads I have read on here, the most amazing is always "Pension wait times", and others like it.
I had never heard of anyone waiting a single day for their first pension cheque / deposit, or post-retirement benefits to begin. The transition was, and should be, seamless.
Same for me. You almost would think they rig things that way to harvest extra tax revenue...Do you mean non-CAF?
I waited 7 months for mine, due to a DND/PWGSC screw up, then I got the back pay in the next year and got hammered on taxes. Want to take a guess how compassionate CRA was to me for DND and PWGSC’s screw up? Yup, I got nothing between sh*t and syphilis...
Yes.Do you mean non-CAF?
How purely cynical of you. And I am sure that the fact that they levy taxes based on lump-sum pay raises, paid in one month, but by statute, taxable as if it were your annual income, is completely benign as well.Same for me. You almost would think they rig things that way to harvest extra tax revenue...
My sister is a farmer/rancher out west. I considered something similar when my time came to retire. But, my wife 86'd it. Probably a good thing too. When my grandfather retired he bought a small farm. Dad and I used go help him. It was fun for me as a boy. But, Grandpa didn't know what he was doing. He had left the family farm at such a young age. It was like the TV show "Green Acres", for anyone old enough to remember.I retired at 62% of my police salary and had two part-time jobs; mostly to stay active. I didn't want to make lawn whirly-gigs in my basement. When we bought our small farm, spare time left my vocabulary, but I suppose it paid off when we sold it ten years later.
My sister is a farmer/rancher out west. I considered something similar when my time came to retire. But, my wife 86'd it. Probably a good thing too. When my grandfather retired he bought a small farm. Dad and I used go help him. It was fun for me as a boy. But, Grandpa didn't know what he was doing. He had left the family farm at such a young age. It was like the TV show "Green Acres", for anyone old enough to remember.
I understand some retire prematurely for health reasons. Others may postpone it for financial, or other, reasons.
I was fortunate to retire "on schedule" with the same organization I started with. I've been retired a long time now.
There is a certain satisfaction when congregating with men you have known for almost 50 years. Maybe if only for the rather selfish reason of reminding each other of when we were young.
At my pre-retirement OMERS seminar, the instructor mentioned an attractive middle-aged widow who had a fondness for old, as in very old, policemen. Apparently as her six ( 6 ) spouses died off, she collected a survivors pension ( 66 2/3% ) for each one of them!I know a couple of members who stayed well after first retirement date, some for financial reasons (too many ex-spouses to support) but some simply because they were afraid to as they had no plan.
One member, who I did not really know, hung on to 50 years service, as a road warrior.
Your not wrong, I mean, even before COVID-19 had begun, a new trend had started to take place. Ghosting...... Are you suppose to send a thank you to a company that didn't even bother to contact you regarding your interview or next steps? Too many companies will just literally ghost you, and you will be stuck waiting for a good week or two before its 'safe to assume' you didn't get the job.Not too sure I would want to work for a company that expects a thank you note for giving me an interview.
For some reason that reminds me of the last time I seen a PSO in Petawawa. Buddy made me about turn and read the school degrees he had on his wall. Literally.
I was ghosted by my own employer on two occasions.Your not wrong, I mean, even before COVID-19 had begun, a new trend had started to take place. Ghosting...... Are you suppose to send a thank you to a company that didn't even bother to contact you regarding your interview or next steps? Too many companies will just literally ghost you, and you will be stuck waiting for a good week or two before its 'safe to assume' you didn't get the job.
Sounds like my employer...I was ghosted by my own employer on two occasions.
Being reliable, down to earth, able to operate independently in a way that represents your employer well, while also saving them money or minimizing liability - golden qualities right there.Pensions in the private sector are basically all defined contributions if they are there at all now.
It mainly comes down to how you manage your money. For example if I work to 65 where I am at I shall receive a pension of about 1/3 my annual income. The Company pays about 2.85$ a hour worked into the pension and thats it for us. So the result is I need to save more money for retirement than a public sector employee would.
I have family members who have retired with full CF pensions and have squandered it all, living pay cheque to pay cheque (the only fortunate thing being those cheques are consistent). But receiving 70% of your income made well in the CAF is a fantastic thing and certainly a lot more than most receive for retirement.
Being reliable, down to earth, able to operate independently in a way that represents your employer well, while also saving them money or minimizing liability - golden qualities right there.
minimizing liability
I actually hate that one LOL I made that mistake quite early on when I was hired with SOLGEN, and boy did I learn to never do it againNever, NEVER, admit the department has done anything wrong.