#1) It TOPS OUT at 7 weeks. Most get absolutely nowhere near that. I think it tops out at 28 years of service and you can retire at 30.
#2) As for the pension thing, I am doing basically the same job as my brother (project manager for IT systems) and he is making far more than me in the private sector than I am working for the government. Every time I think about making the jump back to private industry, I think about two things: job security and the "golden handcuffs". While I make less than he does right now, he is socking the extra money away into RRSPs while I know I have a very good pension coming to me down the line. The macleans article seems to lump all government workers into the same category as "overpaid", and that may be true at the clerical or blue collar levels, but at the professional, white collar level most are there for the benefits, certainly not for the salary.
|