{"id":861460,"date":"2026-08-17T15:38:09","date_gmt":"2026-08-17T15:38:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/861460\/"},"modified":"2026-08-17T15:38:09","modified_gmt":"2026-08-17T15:38:09","slug":"thousands-approved-for-ottawas-early-retirement-program","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/861460\/","title":{"rendered":"Thousands approved for Ottawa\u2019s early retirement program"},"content":{"rendered":"<p>How does the pension calculation change?<\/p>\n<p>In the federal government website, the Treasury Board Secretariat&#8217;s illustrated the financial impact of the early retirement offer using two example calculations. In one, a 53-year-old Group 1 member with 19 years of pensionable service and an average salary of $55,556 would normally face a 35 percent pension reduction for retiring seven years early, producing an annual pension of approximately $13,722. Under the incentive, the same employee would instead receive an unreduced pension of approximately $21,111 per year.<\/p>\n","protected":false},"excerpt":{"rendered":"How does the pension calculation change? In the federal government website, the Treasury Board Secretariat&#8217;s illustrated the financial&hellip;\n","protected":false},"author":2,"featured_media":861461,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194295],"tags":[105249,49,48,299723,20739,299722],"class_list":["post-861460","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ottawa","tag-budget-2025","tag-ca","tag-canada","tag-early-retirement-incentive","tag-ottawa","tag-treasury-board-of-canada-secretariat"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/861460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=861460"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/861460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/861461"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=861460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=861460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=861460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}