FW: pension plan

[Lyn Bartram <lyn_bartram@sfu.ca>]

Dear Mike, thanks  very much for these cogent arguments. I will confess in my research I missed this point:

“If you are thinking of working beyond 65 at SFU, perhaps working
   part time after 65 at SFU, you lose big.  For each year you don't
   retire you lose a year of your pension in the college pension plan.”

 

Is this really true? How can this be – 65 is no longer a meaningful retirement number legally. For those of who consider working part time for another couple of years, how are we exactly disadvantaged? Can one of the SFUFA experts answer this please?

 

 

 Lyn Bartram, Ph.D.
Director, Vancouver Institute of Visual Analytics

Associate Professor
School of Interactive Arts and Technology
Simon Fraser University
CANADA
v 778 782 7439/8009  f 778 782 9422  m 604 908 9954
lyn@sfu.ca

 

 

From: Lyn Bartram <lyn_bartram@sfu.ca>
Date: Friday, November 16, 2018 at 4:07 PM
To: Michael Monagan <mmonagan@sfu.ca>, "adacemic-discussion@sfu.ca" <adacemic-discussion@sfu.ca>
Cc: "nigam@math.sfu.ca" <nigam@math.sfu.ca>
Subject: Re: pension plan

 

Dear Mike, thanks  very much for these cogent arguments. I will confess in my research I missed this point:

“If you are thinking of working beyond 65 at SFU, perhaps working
   part time after 65 at SFU, you lose big.  For each year you don't
   retire you lose a year of your pension in the college pension plan.”

 

Is this really true? How can this be – 65 is no longer a meaningful retirement number legally. For those of who consider working part time for another couple of years, how are we exactly disadvantaged? Can one of the SFUFA experts answer this please?

 

 

 

 Lyn Bartram, Ph.D.
Director, Vancouver Institute of Visual Analytics

Associate Professor
School of Interactive Arts and Technology
Simon Fraser University
CANADA
v 778 782 7439/8009  f 778 782 9422  m 604 908 9954
lyn@sfu.ca

 

 

From: Michael Monagan <mmonagan@sfu.ca>
Date: Friday, November 16, 2018 at 3:59 PM
To: "adacemic-discussion@sfu.ca" <adacemic-discussion@sfu.ca>
Cc: "nigam@math.sfu.ca" <nigam@math.sfu.ca>
Subject: pension plan

 

If you are thinking of working beyond 65 at SFU, perhaps working
   part time after 65 at SFU, you lose big.  For each year you don't
   retire you lose a year of your pension in the college pension pl