KTown Cowboy
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When Pay Raise? 2025 Version
- Thread starter cmdj1982
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Pension portal is updated when you have recieved the earnings.Yep, rates are up and I was off by $1, CFHD levels updated in CBI so I don't lose there, mid nov confirmed in the canforgen. Pension portal not up to date yetWhen I retire in a few weeks I will be getting more gross pay to start than I currently make prior to the increase and maybe even more net pay without the CFHD in there.
Eagle_Eye_View
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Excellent, this is good news for my 3B release pension.
CountDC
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shall we put a damper on things? hmmmm, yes we shall.
in talks yesterday it came up that the retention amount (Military Service Pay) may have a new wrinkle for some people. Rumour is it will be based on your last enrolment date. As an example I know a Reg F WO that component transferred 6 years ago. Their base date will be the 6 year enrolment to Reg F date and all their P Res time will not count which comes to a $4k difference. Mbrs that released and then reenrolled would find it is based on their reenrollment date of a year ago and not have credit for the prior 15 years they had so get nothing.
This one is my watch item now as along with this rumour it was also rumoured that it would first be paid in Dec and some how prorated. Be interesting to see what the actual end result is.
Oh, take it all with a grain of salt, the rumours are coming to us from a contact in Ottawa.
in talks yesterday it came up that the retention amount (Military Service Pay) may have a new wrinkle for some people. Rumour is it will be based on your last enrolment date. As an example I know a Reg F WO that component transferred 6 years ago. Their base date will be the 6 year enrolment to Reg F date and all their P Res time will not count which comes to a $4k difference. Mbrs that released and then reenrolled would find it is based on their reenrollment date of a year ago and not have credit for the prior 15 years they had so get nothing.
This one is my watch item now as along with this rumour it was also rumoured that it would first be paid in Dec and some how prorated. Be interesting to see what the actual end result is.
Oh, take it all with a grain of salt, the rumours are coming to us from a contact in Ottawa.
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While I don't agree with the logic for using the latest date for someone going Res-Reg, I can see the why they might decide to do it that way. Think of the anger among individuals who see those jump over to the Regs and be given the equivalent amount of time in, when they only worked Class A and didn't have the same hardships as a Reg F individual. Not saying I agree, but this will be the narrative.
Going the other way though, Reg to Res, you would think they would take the enrolment date from when they joined the Reg F if there is no broken service, as you are already going to be getting a significantly less amount for the retention bonus.
Going the other way though, Reg to Res, you would think they would take the enrolment date from when they joined the Reg F if there is no broken service, as you are already going to be getting a significantly less amount for the retention bonus.
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