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Severance Pay for Retiring Lightkeepers is Finished!

April 6, 2012lay off, lighthouse, litehouse, package, payout, pension, retirement, severance payCanada, Government, Information, Lighthouses, Pensions, UnionretlkprLeave a Comment

You all know what severance pay is do you not? Severance pay is pay (and sometimes benefits) an employee receives when he or she leaves employment. Severance pay is most typically offered for employees who are laid off or retire. Just recently the the Canadian Government, Treasury Board Branch, has forcibly modified the collective agreements of these three groups PA, […]

Canadian Government Pension Plans for Retiring Lighthouse Keepers

November 15, 2011cheque, CPP, lighthouse, litehouse, money, OAS, pension, PSPP, salaryGovernment, Information, Lighthouses, Old Website, On The Job, PensionsretlkprLeave a Comment

All Canadian government employees who are eligible for retirement are eligible for: The Public Service Pension Plan (PSPP) Canada Pension Plan (CPP)Old Age Security (OAS) pension at age 65 You are entitled to a Public Service pension (immediate annuity), if you retire:(source) at or after age 60 with two (2) or more years of pensionable service; […]