Canada to expand early retirement eligibility for frontline public services

eAwazLocal News

Ottawa – Public servants in critical frontline safety and security roles work tirelessly to keep Canadians safe. Recognizing the demanding nature of their work, the Government of Canada is expanding early retirement eligibility under the public service pension plan. Anita Anand, President of the Treasury Board and Minister of Transport, announced and confirmed the Government of Canada’s proposed legislative amendments …

Expanded Early Retirement Eligibility under Public Service Pension Plan

eAwazLocal News

Ottawa – The federal public service pension plan, established through the Public Service Superannuation Act, provides employees of the federal public service and more than 60 other participating organizations, including the three territorial governments, with an income payable upon retirement. Benefits are generally based on an employee’s salary, pensionable service, and age. As of March 31, 2023, there were almost 400,000 …