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Discussion Starter · #1 · (Edited)
Retirement package from public/private sector employer

I don't have an example with my own parents (dad worked at Ford's as a union employee and my mom worked at Revenue Canada before they became CRA) so I was wondering if anyone can bring any examples.

Is it likely that a public sector employer of salaried employees sends them off into retirement with a nice little severance if the employee makes the decision to retire? If so, what form of severance have you seen (e.g. 3 months salary)?

I know that with this economic downturn our company has offered employees packages to retire but I'm thinking of it from the perspective if you voluntarily retire.

Addition: Since the public sector employers are so varied, perhaps there are some interesting observations when it comes to private employers. Does anyone know of people who have voluntarily retired and how their employer sent them on their merry way?
 
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