exactly the point I was making about the pension surplus being used last time
I ask also, how many private pension plan members get their CPP clawed back? Part and parcel of a fed. gvmt. employees pension...but we don't pay reduced CPP contributions - even tho it's a given our CPP will be clawed back!
And this BS about being able to retire at 55? IF, and that's a big IF, you can....this is the last 'cycle' that can do so, as we were employed coming out of high school ...the kids joining the PS today won't be able to retire at 55- they won't have the required 35 years service by then.
Half the information makes for an uninformed opinion, folks.
Ask yourself this..if you had payed into a system for 25-30 years, know your CPP is going to be reduced and now you're told your pension is in jeopardy? Would you be mad as hell? Damn right you would be.
And is it right? No, it's not. And no one can convince me otherwise