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Originally Posted by Rubicant
As far as the pension is concerned, yeah it is awesome, especially here in Ontario. That said, about 12% of my pay goes into the plan, so it's not like I'm getting it for nothing.
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Your pension manager has also made some good investments. I work for the federal government. In the 1990's the Liberal government raided our pension plan, stealing 35 billion dollars to pay down the deficit and now we are short in our fund and our rates are going up. Then you have people like Silver complaining how the public sector has such a cushy retirement package not knowing that our pension paid for balancing the budget.