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I mean they arent wrong and it people in Canada got to use to training and education benefit before the end of their career or spin it off as a downpayment for a house then I think we would have a lot more people applying. But hey what do I know
The Boomer/Gen X dream of getting a degree, getting a management job with benefits, and retiring with a pension are dead in Corporate North America.
Defined Benefit that equals 2.5% times the number of years of service times the average of the member’s highest 36 months of basic pay
It blows my mind when people say the CAF has crap pay, when we are one if the best paid armies in NATO. Heck I tell my chef friends to join the CAF because the pay, benefits and work/life balance is better then being a cook civi sidePersonally, I believe that the CAF's own job advertising needs to do a lot better at highlighting the pay and benefits provided to CAF personnel. The recruiting website (Forces.ca) doesn't even provide a clear description of one's starting wage, let alone a link to the pay scale and description of allowances. Some of our most undermanned trades receive Spec Pay, and it isn't even advertised on those trades' information pages.
Thank god for it, our medical costs for my daughters diabetes management without my federal heathcare would be $10,000 a year, she is 80% covered till 25, that will be $128,000 dollars in savings. I deeply feel for the typical employee or self-employed in this circumstance.Maybe not corporate America, but there are still public service employers in Canada, not just federal, with a 2% accural rate, defined benefit 70% pensions. Not just a pension, full post-retirement health / dental and life insurance included .
Some get a 2.33% accural rate with “Best four” or "Best three" earnings, with an 80 Factor.
The U.S. military pension looks pretty good with an accural rate of 2.5% and "Best three".
That is higher than anything I have seen in Canada.
Thank god for it, our medical costs for my daughters diabetes management without my federal heathcare would be $10,000 a year, she is 80% covered till 25, that will be $128,000 dollars in savings. I deeply feel for the typical employee or self-employed in this circumstance.