Federal skilled military applicant program

[dapaterson]

We (members of the CAF) definitely do not need to commission. I’ve seen folks serve 25 years and retire as a Cpl.

You can serve to age 60 (higher with approval) but you essentially stop getting more for your pension at 35 years of service (70% of your salary, at 2% per year of service)

Pedantic moment: You can accumulate a maximum of thirty-five years of pensionable service. Within the Part I (full-time) pension plan, your pension is based on the number of days of paid CAF service within that thirty-five year window. Certain types of leave without pay, or transfer to part-time Res F service within that maximum thirty-five years can materially reduce the benefit you receive on retirement below the maximum of 70% (to age 65, at which point the bridge benefit is removed).

The benefit is based on the average of your best five years of service. That does not have to be within your 35 years of pensionable service. Promotions or material changes to pay on or after 35 years will still increase your pension (you will contribute at a rate of 1% of salary, while still enrolled in the plan as a contributor, after 35 years).

 

[Eloping-Artificer]

Pedantic moment: You can accumulate a maximum of thirty-five years of pensionable service. Within the Part I (full-time) pension plan, your pension is based on the number of days of paid CAF service within that thirty-five year window. Certain types of leave without pay, or transfer to part-time Res F service within that maximum thirty-five years can materially reduce the benefit you receive on retirement below the maximum of 70% (to age 65, at which point the bridge benefit is removed).

The benefit is based on the average of your best five years of service. That does not have to be within your 35 years of pensionable service. Promotions or material changes to pay on or after 35 years will still increase your pension (you will contribute at a rate of 1% of salary, while still enrolled in the plan as a contributor, after 35 years).

How is the pension? Ours in the UK even after the changes is still pretty a pretty strong non contributory affair.

 

[SeaKingTacco]

How is the pension? Ours in the UK even after the changes is still pretty a pretty strong non contributory affair.

Dapaterson gave a good summary, above. The pension is one of the better parts of our total compensation package.

 

[dapaterson]

How is the pension? Ours in the UK even after the changes is still pretty a pretty strong non contributory affair.

Individuals contribute 9.35% of pay (not allowances) up to the Yearly Maximum Pensionable Earnings, and 12.25% on amounts above YMPE. Those rates, by law, cannot exceed the amounts paid by members of the public service. PS rates are set to have roughly a 50/50 split; however, since the military plan is more generous than the public service plan, the government contributes about $1.49 for every dollar contributed by plan members.

For lots of actuarial excitement, you can review the plan status as of the end of fiscal 22/23 at: Pension Plans for the Canadian Forces – Regular Force and Reserve Force as at 31 March 2022

 

[Eloping-Artificer]

Individuals contribute 9.35% of pay (not allowances) up to the Yearly Maximum Pensionable Earnings, and 12.25% on amounts above YMPE. Those rates, by law, cannot exceed the amounts paid by members of the public service. PS rates are set to have roughly a 50/50 split; however, since the military plan is more generous than the public service plan, the government contributes about $1.49 for every dollar contributed by plan members.

For lots of actuarial excitement, you can review the plan status as of the end of fiscal 22/23 at: Pension Plans for the Canadian Forces – Regular Force and Reserve Force as at 31 March 2022

Appreciate that, can see why brits generally complete their 22 before laterally transferring. Looks like our pension is quite a benefit.

 

[daftandbarmy]

Appreciate that, can see why brits generally complete their 22 before laterally transferring. Looks like our pension is quite a benefit.

Speaking as someone who survived several years of British Army dentistry, the quality of Canadian dental care alone makes it worth it I would guess

 

[brihard]

Speaking as someone who survived several years of British Army dentistry, the quality of Canadian dental care alone makes it worth it I would guess

 

[daftandbarmy]

Teeth​

English Teeth, English Teeth!
Shining in the sun
A part of British heritage
Aye, each and every one.
English Teeth, Happy Teeth!
Always having fun
Clamping down on bits of fish
And sausages half done.
English Teeth! HEROES' Teeth!
Hear them click! and clack!
Let's sing a song of praise to them -
Three Cheers for the Brown Grey and Black.

- Spike Milligan

 

[Eloping-Artificer]

Teeth​

English Teeth, English Teeth!
Shining in the sun
A part of British heritage
Aye, each and every one.
English Teeth, Happy Teeth!
Always having fun
Clamping down on bits of fish
And sausages half done.
English Teeth! HEROES' Teeth!
Hear them click! and clack!
Let's sing a song of praise to them -
Three Cheers for the Brown Grey and Black.

- Spike Milligan

Teeth like a recce patrol, well spaced out and camoflauged!