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DoubleF · 07-11-2023, 10:14 AM

Are some of you talking about the 85 point/factor retirement scale?

https://www.pspp.ca/page/when-can-i-retire

This is one of the more easily exploited retirement arrangements I've seen. It attracts older IDGAF type people into roles where they just sit around for a decade or so to max out their scale and this likely after a lucrative career in O&G. Younger people who work there have to toil for longer to reach the scale. It's an awful design.

People literally show up at age 55 and work till 65. Then they're walking away with 75 out of the 85 points. Someone at age 30 starting at the same place, 20 years later, they're only at 70 points (Age 50 + 20 years service). It's kinda unfair.

07-11-2023, 10:14 AM	#91
DoubleF Franchise Player Join Date: Apr 2014 Exp:	Are some of you talking about the 85 point/factor retirement scale? https://www.pspp.ca/page/when-can-i-retire This is one of the more easily exploited retirement arrangements I've seen. It attracts older IDGAF type people into roles where they just sit around for a decade or so to max out their scale and this likely after a lucrative career in O&G. Younger people who work there have to toil for longer to reach the scale. It's an awful design. People literally show up at age 55 and work till 65. Then they're walking away with 75 out of the 85 points. Someone at age 30 starting at the same place, 20 years later, they're only at 70 points (Age 50 + 20 years service). It's kinda unfair.